My entry is 4190. The EURAUD is my favorite pair by a long shot Targets are clearly marked with horizontal lines!
1) Been over 1 year since we have seen a decent correction. 2) A great company but that doesn't change the fact that after large moves up, corrections happen. 3) Monthly divergence on SLOW STOCHASTIC and FAST RSI 4) Upper trend line (resistance) 5) $100 psychological close by 4) By nature, I like to "snipe" major reversal points with tight stop losses. 6) I'm...
1) Stop under $5. Might add to position at low $6s 2) Minimum target is $12 so risk reward is 1:2 3) Hedging it with short NKE and SBUX (same cash amount of shares) 4) VIX long is in my portfolio 5) The company is going bankrupt or going to the moon with its revival or its classic features, that made JCP the store it used to be. 6) My risk is 0.1% per 20% dilution...
Getting ready to throw big money at this sucker for the long term. Do your due diligence, but I love trading strong fundamentally influenced markets. My "big buy area" is circled. 1) Major TL confluence 2) 17.25/17.50 major support zone 3) You may want to add some small ones at 19.50 4) STRONG divergence created from new lows. All signs point to buy in the...
Classic divergence stop run. My entry is from 20.65 with a stop at 20.55 and 20.35. My 20.55 stop was hit but its okay, only 10 cents and the other position is well in the money (50 cents) Risk = 0.2% Will Add To Position On Weekly Confirmation Above 22.50 Stops were ran on the obvious major support, and big hands responded with lots of buying. I will post a...