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.
코멘트:
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.
액티브 트레이드:
I'm in, buying into it gradually.
코멘트:
Up for the day after testing support!
코멘트:
Doubled the position here.
Doubled the position here.
Bonus: check out the uptrend failure target...