ruben_rodrigues

SFM - Uptrend + Price Rejection at 20MA (4x)

NASDAQ:SFM   Sprouts Farmers Market, Inc.
I. Analysis
1. Stock in a strong uptrend being consistently supported by the 20MA - trend identified
2. 20 MA tested 4x and held - value zone identified
3. Price rejection candles at the latest 20MA test

We are trading with the trend, from a value zone and the entry trigger is not as clean as it should, yet I can identify two bullish pinbar candles at teh avle area

II. Trade
1. Enter net candle
2. SL 1 ATR below 20MA
3. TP when price crosses and holds below 20MA

Plsd to hear yr comments

Cheers `
Ruben
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.