WCLD trade ideas
WCLD Entry, Volume, Target, StopEntry: with price above 33.25
Volume: with volume greater than 513K
Target: 38.30 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 33.26, 30.75 gets you 2/1 Reward to Risk Ratio.
This LONG 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.
WCLD ETF - Long IdeaThe chart is starting to look interesting as it develops a base after a prolonged downtrend.
This offers a good risk/reward setup. Alternatively one can also scale into a position while the price action develops.
