[MON] Long on a Text Book Pennant Setup on the Daily Chart

24 בינו׳ 2017

Taking Monsanto Long for a measured move of +3.74% (+44.00/SH) to $112.50. Stop is at $106.74 for a better than 2-to-1 R:R. Volume has been strong on green, weak on red as this formation sets up to break out.

This chart may also be completing a cup and handle on the daily, making the measured move closer to +$12, taking it to a potential price of 120/sh.

28 בפבר׳ 2017

עסקה סגורה: היעד הושג

Target reached via measured move from pennant breakout.