WYNN - Trend Pullback
Updated
Trade Theme Wave pullback in G/G Trend
Sector/Stock WYNN
Trend G/G
Propulsion 34
Vscore Close
Vprofile Close
RAF 50%
Darvas No
Darvas 3.0 Yes
Entry 107.51 Breakout Look for 5% and 10% Option Price Pullback Entry
Profit/Breakeven 111.2 50% Fib retracement
Stop Loss 25%
Option 19May23 105 Call
Good wave pullback entry in a strong section (MGM, LVS, WYN). Looking for a breakout of 107.51, pullback to get a better entry price and then hold long.
Sector/Stock WYNN
Trend G/G
Propulsion 34
Vscore Close
Vprofile Close
RAF 50%
Darvas No
Darvas 3.0 Yes
Entry 107.51 Breakout Look for 5% and 10% Option Price Pullback Entry
Profit/Breakeven 111.2 50% Fib retracement
Stop Loss 25%
Option 19May23 105 Call
Good wave pullback entry in a strong section (MGM, LVS, WYN). Looking for a breakout of 107.51, pullback to get a better entry price and then hold long.
Note
Bot option price retreat after AM breakout19May23 55Call $4.50 and $5.00
Order cancelled
I realized I actually entered my LVS entry into this trade. Gotta clean up my after work attention.But stopped out on LVS @ 2.88.
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