MCHP watch $59.xx: Proven Resistance break could POP strongly

2 thg 6

MCHP trying to recover along with the Chip sector.
Now testing a well proven resistance $59.10-59.62
Looking for a Break-and-Retest of zone to enter long.

9 thg 6

Giao dịch đang hoạt động

Houston: We have IGNITION

(yellow shaded area is from posting time)
12% pop already, closed 25% of position here.

.

What next?

Looking for next two TPs at 17% and 23% gains.
Stop Loss at Break Even on 75% for now.

=========================================================

.

14 thg 7

Đóng lệnh: đạt mục tiêu

Wham Bham thankya Mham!

All four TP's hit, closed 25% at each target.
Gains of 12%, 17%, 23% and final one 28%.

.

Another PERFECT trade given by the Fibs.
It will probably keep going, but I am out.
Will look to enter again on any serious dip.

=========================================================

.