BMY Long, Using EMA144 as Support
Condition:
1.Runaway Gap (G1) Shows 40% of this trend.
2.V Pattern
3.demand zone confirmed.
4.Cross Over EMA144
Earning date: 8/6/2020 7:00 AM ET -- Earning will not affect this plan.
Entry: 61
Stop: 59;
Target1: 67; risk/reward=1:3
Target2: 74; risk/reward=1:6
Using EMA144 as Support is one of my long entry script. See the linked Related Idea.
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
1.Runaway Gap (G1) Shows 40% of this trend.
2.V Pattern
3.demand zone confirmed.
4.Cross Over EMA144
Earning date: 8/6/2020 7:00 AM ET -- Earning will not affect this plan.
Entry: 61
Stop: 59;
Target1: 67; risk/reward=1:3
Target2: 74; risk/reward=1:6
Using EMA144 as Support is one of my long entry script. See the linked Related Idea.
This is a trading school homework. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active:
Buy Sep Call Spread C62.5/72.5 limit 2.25;
Option Stop 58;
Option Stop 58;
Trade active:
6/15 Buy Sep C60 Limit 1.56
6/23 Sell Sep C65 limit 1.01, hold C60/65 risk 0.55
6/23 Sell Sep C65 limit 1.01, hold C60/65 risk 0.55
