U.S. Bank (USB) Long on Reentry
Updated
Reentry attempt at $31.48. I'm currently playing charts on the 5D size and reassessing them as each day passes to make sure I'm seeing if the trend turns. Since USB turned fairly tightly from the mid-point a good short could be tried at $32.93 with a tight stop.
Note
Great reentry at $31.48. We were out 1/2 at 31.48 and have already exited an additional lot at 32.45. We have one lot left for a moonshot. Set your own stop-loss for any downside. I wouldn't reenter if it drops back to the green entry point. I'd use a trailing % stop loss at your own determination.Trade closed: target reached
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