* Great earnings with acceleration * On the longer time frames, it's mostly sideways but has started a new up trend * High relative strength in the Energy sector * Broke out of a ~4 month basing pattern before making the leg higher. * Consolidated in a tight range of 3.77% before breaking out again * Maximum probable ROI for this trade would be around 26.70%
Trade Idea: * Now's the perfect time to get in as the price is still close to the broken range * Broke out with very high volume (178.08% of the consolidation average) * This can also be considered a Pocket Pivot breakout; indicating institutional interest
トレード終了: ストップロスに到達
Energy sector's taking a hit right now... This could see further downside. $37.19 is now support