DALIdea is simple:
Long position when triggered $39.5 (trend changing extremum). You might also wait for closing 4h higher than $39.5 but that stock tends to fly XD
Stop - $38.8 (-1.8% risk)
Profit - first take $41.8 (5.9% upside) - 50% of the position close
second take $44 (11.2% upside) - 50% of the position close
Profit/Risk - 5.9/1,8 = 3.3 for 1st take and 11.2/1.8 = 6.2 for 2nd take
Feel free to comment / add a feedback
Trade closed: target reached
both takes' got triggeredcongrats
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.