SHOP Entry, Volume, Target, Stop
Updated
Entry: when price clears 65.54
Volume: with daily volume greater than 17.46M
Target: 75 area
Stop: depending on your risk tolerance; 62.40 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Volume: with daily volume greater than 17.46M
Target: 75 area
Stop: depending on your risk tolerance; 62.40 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active
Note
If you didn't take this trade but like the idea, it's not too late - just wait for it to cross back over the 65.54 with average or better volume.Note
Sold 1/3Note
Added back the 1/3 I sold.Note
I will exit my position before earnings!Note
I'm up on the trade so I might consider holding thru earnings, if tomorrow is a green day.Note
Sold my position after hours today - don't want to give back what I've made - Idea is still valid, I'm just avoiding earnings and will reconsider if earnings are positive.Note
A close below 55.42 and I'll give up on the idea.Trade closed manually
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