Modine Manufacturing CompanyUpdated MOD eyes on $92: Resistance to be proven as Support for next leg
MOD has just broken a proven resistance $91.64-92.00
Looking for a retest and confirmation as support next.
Next target is pretty close, solo fib at $97.40 so a scalp.
Looking for a retest and confirmation as support next.
Next target is pretty close, solo fib at $97.40 so a scalp.
Trade active
Houston: We have IGNITION(yellow shaded area is from posting time)
.
Closer look with notes:
Our zone was obvious to the whole world.
Retest entry was taken and almost stopped out
Sold 25% of bag twice, for 5% gains then 14%
.
What Next?
Looking for a dip then next leg up.
Max target is red zone $119.06-120.125
Stop loss at BreakEven, will trail on fib behind.
==================================================
.
Trade closed: target reached
3rd Target HITClosed another 25% at the $109.46 Fib.
Stop Loss got hit on last 25% for a close.
3 Profits booked, 4th small TP via Stop Loss.
.
Will look for next opportunity and post.
Hit the Follow and Like to catch trades.
==================================================
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.