VG - LONG Idea
Just entering the Ichimoku cloud. Higher highs, higher lows. Nice consolidation and low volatility over last 4 weeks, ideal would be 6 weeks. Also has a short-term moving average crossover which is positive as well as a 1.67% slope to the 20 ema over last few trading days. I have a 0.2% capital risk entry @ 9.56 with a stop loss of $8.82. Will trail with a 10 ema stop if it remains buoyant. Fundamentally it has a Charles Schwab Equity Rating of A as of 02/01/2019. Earnings approaching within 3 weeks presents more risk. I will hold thru earnings d/t small exposure i.e. small share size.
Also recommend SSVMK, and
DS, all with buy signals from yesterday.
Also recommend SSVMK, and
DS, all with buy signals from yesterday.Note
Moving protective stop up to $9.78. I prefer to keep tighter stops d/t volatility in market. Would even consider today's low as a stop if you like. We are due for a pullback in the IWM, but trading for price as always..
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