K Daily Setup

2021년 7월 18일

K daily long setup:

Over the last few weeks prices have filled in the gap made on the May 6th earnings and then formed a double bottom at that support level. On Friday prices broke the top trendline and MACD has crossed positive.

Buy taking out Friday's high at 64.57

Stop Loss under double bottom at 62.41

Profit Target 72.78

Risk/Reward 3.8