PFE Consevartive Trend Trade
Updated
Conservative Trend Trade 1F
+ long impulse
+ JOC test level
+ 1/2 correction
+ biggest untested volume Sp
Calculated affordable stop loss
(virtual if it hits the alarm I'll put a limit order
to break even and if it doesn't reach it
I'll HODL with dividends till original take profit)
1 to 2 R/R take profit
with possible extension to 1/2 for monthly range
Monthly context
+ long balance
- expanding ICE
+ 1/2 correction
+ biggest volume manipulation without result
+ long impulse
+ JOC test level
+ 1/2 correction
+ biggest untested volume Sp
Calculated affordable stop loss
(virtual if it hits the alarm I'll put a limit order
to break even and if it doesn't reach it
I'll HODL with dividends till original take profit)
1 to 2 R/R take profit
with possible extension to 1/2 for monthly range
Monthly context
+ long balance
- expanding ICE
+ 1/2 correction
+ biggest volume manipulation without result
Trade active
Moved TP to $28.09 since my virtual SL was activated. Also, I found mistake in my technical analysis.Hopefully, the price will form 2Sp, we'll wait for the test and reenter.
If price doesn't hit my break even limit order, I'll HODL PFE till it recovers and will enjoy dividends meantime. I already made $0.42 per share today )))
Trade closed manually
I am out at $28,09 for microprofit since price hit my break even level.I still think PFE is attractive at the monthly chart, so I'll be watching it closely and keep you UPD.
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