I'm watching $KSS here, I'd like to buy as close to support as possible. There's an interesting time/price juncture below, where the bottom of the uptrend's linear regression channel meets both the Key Earnings Level, as well as the uptrend speedline support, making it an ideal spot to buy.
This also happens to coincide with a potential bearish range expansion failure, where today's decline would fail to validate the bearish momentum, giving way to a good buy setup.
Risk a drop under $46.40-$42.40 initially, and buy a 10% position gradually during a week or two.
Good luck,
Ivan Labrie.
This also happens to coincide with a potential bearish range expansion failure, where today's decline would fail to validate the bearish momentum, giving way to a good buy setup.
Risk a drop under $46.40-$42.40 initially, and buy a 10% position gradually during a week or two.
Good luck,
Ivan Labrie.
تعليق:
The smaller range bar on Friday sets up the stage to start buying, so I took my first entry. I'll buy a 10-20% position over a week.
تم فتح الصفقة:
I'm in, buying into it gradually.
تعليق:
Up for the day after testing support!
تعليق:
Doubled the position here.
Doubled the position here.
Bonus: check out the uptrend failure target...