Entry - blah
SL - Blah
Good Supply at X
We think that zone is good for it to come back down to. Then set 3:1 ratio
We took that zone as it was at bottom 1/3 of the top of up trend to new low. We found supply around $380 but dont thin it will touch that
This has been in strong uptrend. respecting the 10/21 EMA.
It have good movement over night.
Traded on 30 min candle - 30 min candle was red but a shake out demand tail
^^^^
High top of wick = entry
Bottom of wick = SL
Based on trend in current market QQQ + Russel down. This is still moving up.
ADR is 4%
Entry $103.65
SL - $101.95
risk per share = $1.7 or...
