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vmreyesa
13 de Mai de 2022 14:35

CUP WITH HANDLE BREAKOUT Viés de alta

Merck & Company, Inc.NYSE

Descrição

Picture perfect cup with handle breakout. Market is very bad so taking 1/3rd partial profits at 1R and backstopping to breakeven. Next 1/3rd on 2R and let the last third run for a bigger.

Comentário

Great relative strength vs the indexes today. I don't think this stock is going to be a great winner but if im going to be invested its going to be in names like this. My overall exposure is less that 3%. This new rally attempt, showing signs of distribution just the next day after a FTD, is showing small odds of persevering.

Comentário

Took 1/3rd profit at 1R. Moved stop loss to break even. It's all upside from here.

Trade fechado manualmente

Sold at breakeven to de risk
Comentários
RotanimreT
To me it look like a failed double top. But regardless , very interesting looking stock.
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