Notes on the chart.
"Wish you all a very happy and prosperous new year"
Just trade safe and stay healthy.
Regards
Bravetotrade
"Wish you all a very happy and prosperous new year"
Just trade safe and stay healthy.
Regards
Bravetotrade
Comment:
Here's the bigger picture.
Comment:
The stock pulled back the specified support zone as per expectations and is heading for the first Target 768.
Trade closed: target reached:
Target 1 hit
Trailing stop for partial position will be 763.
Trailing stop for partial position will be 763.
Comment:
Full profit will be booked at 790 and I ll look for short opportunity near this level.
Comment:
Stock today made a high of 787.75, just 2 points short of my final target, and showed weakness which may be due to overall market. Although I ll consider shorting if and only if the PRZ is fully tested (which ll be a separate trade), yet I think the strongest legs of this upmove are done.
I ll close my remaining position tomorrow either at 780-781 in case of morning pullback, or below today's low 774.
I ll close my remaining position tomorrow either at 780-781 in case of morning pullback, or below today's low 774.
Trade closed manually:
Closed at 787
JJ Singh
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020