NUAN - 5.69% Potential Profit - Corridor Breakout
מעודכן
This is an unusual play for me since I don't usually trade uptrend corridors breakout, especially when they hit ATH. However, there is an unusual volume on this specific stock, and their tech partnership with Microsoft might act as a short term catalyst.
Uptrend Corridor broken out after a 6-month bull run.
Decent amount of new support confirmation on the 15-min chart. Momentum is present, and the RSI / STOCH / MACD are on our side. My priority is to enter with a Buy Limit in order to decrease risk. However, a higher-risk appetite might justify chasing the run with a Buy Stop.
- Target Entry $33.03 (Buy Limit) or $33.25
- Target Stop Loss $32.63
- Target Exit $35.00
About me
- P/L September +33.74% | August: +203.83% | Historical Win Ratio 75.00% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
Uptrend Corridor broken out after a 6-month bull run.
Decent amount of new support confirmation on the 15-min chart. Momentum is present, and the RSI / STOCH / MACD are on our side. My priority is to enter with a Buy Limit in order to decrease risk. However, a higher-risk appetite might justify chasing the run with a Buy Stop.
- Target Entry $33.03 (Buy Limit) or $33.25
- Target Stop Loss $32.63
- Target Exit $35.00
About me
- P/L September +33.74% | August: +203.83% | Historical Win Ratio 75.00% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
הערה
Be all VERY careful today. Pre-market data is concerning and hints at yet another day of sell-off. Do not force any trade.הפקודה בוטלה
Market crashed.
כתב ויתור
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