MPLN Multiplan Corporation Currently At Long Entry

12 בספט׳ 2022

A reward/risk above 3 is generally considered a good trade by smart money. A r/r above 6 is rare and I always take those trades. This might continue to find new lows and stop me out, but the risk is minimal compared to the possible reward at this current entry. I'm still bearish on the overall market for the coming months, but a short term bounce is quite possible and if MPLN holds this along with the S&P this week, we could have a serious runner based on price action.