HAL - has been beaten down for sometime- on 12-16 got a nice bounce with volume on a strong resistance. Last few days formed a flag pattern (low volume).
Entry- > 40.89 ( wait for a close)
Stop 39.02
TGT 1- 44.22
Take 1/2 (maybe 2/3) off at 44.22 move stop up a bit (allow for retracement) & made trade though the gap to 47.00
This trade may take a while - month?
Don't love this trade but could turn into a winner!!!
Entry- > 40.89 ( wait for a close)
Stop 39.02
TGT 1- 44.22
Take 1/2 (maybe 2/3) off at 44.22 move stop up a bit (allow for retracement) & made trade though the gap to 47.00
This trade may take a while - month?
Don't love this trade but could turn into a winner!!!
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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.