Jets recently touched/bounced off major support on the 2 hr time frame, lots of minor resistance above, but trade plan is to follow it up to the red line and follow the RSVVB as long as it stays green. Stop is the lower purple line of the ATR. Not investment advise just posting my trades
Commento:
Commento:
looks like it reacted nicely to the blue line, closed above with a slight retest, will stay in the trade and move up my stop losses
Commento:
Commento:
reacted very nicely to the red line target, will hold trade and see if it extends to the blue line above. trailing stop is solidly in profit zone
Commento:
Commento:
Re-positioned the upper trend line in red to more recent price movement, looking for it to move upward within the tighter blue channel. Recently when price gets outside blue upper line of the ATR and then crosses below the orange center line of the ATR that has started a new downtrend so I changed the trailing stop to just below the orange line as noted. Not financial advice