HouseOfTrades

TGT Rectangle Consolidation

HouseOfTrades アップデート済   
NYSE:TGT   Target Corporation
After Earnings Report and the massive sell-off, TGT spent the last few days in a sideways consolidation (rectangle) - One of my favorite setups.

Upside case: Above the top of the rectangle (155.81) I would go long targeting 161.50
Downside case: Below 150.95 I would go short targeting 146.

I am treating every trade as a scalp and I have not been holding any position for more than a day.



トレード稼働中:
Entered as mentioned.
6/3 146p @ 2.00

Currently + 40%

Taking half position off
トレード終了: 利益確定目標に到達:
120% closed

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