Simple S/R Strategy: Trade #2 - NKE
Aggiornato
I've been watching NKE interact with this strong support for a week or so. I watched the Tweezer Bottom occur and thought it was going to be the reversal...fortunately I took that trade with Paper Money.
I believe the two Hammer candles that are now present might be the true reversal, so I'm taking a shot.
Limit buy to protect against a continuation pattern.
Tight stop because if this is the true reversal, we shouldn't move any lower.
I believe the two Hammer candles that are now present might be the true reversal, so I'm taking a shot.
Limit buy to protect against a continuation pattern.
Tight stop because if this is the true reversal, we shouldn't move any lower.
Trade attivo
NKE has been moving in my favor since I bought in! Take Profit was just a few cents away from being reached on the 26th...I believe this one has a lot more juice left in it so I've decided to adjust Take Profits to half at $57.40 and half at $60.Trade chiuso manualmente
NKE gapped down slightly again today so I decided to lock in my 3R profit here and move on.
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