TAP - Molson Coors Beverage Company
Updated
TAPIdea is simple:
Long position when the price breaks the downtrend ($46) (you can wait to 4h candle be closed higher than 46)
Stop - close lower than $45.6 (-0.8% risk)
Profit - 3 takes:
1st take $50 (8.8% upside)
2nd take $53.6 (15.8% upside)
3rd take $61.3 (30.3% upside)
Profit/Risk - from 9 to 31
You can split position to 3 parts, for each take
Feel free to comment / add a feedback
Trade closed manually
I have closed the part due to the upcoming volatility
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.