Stocks to Watchout
Reasons:
1. Flat Base Breakout
2. Crazy Volumes
3. Favorable Reward to Risk
Investing Term: Swing
Entry: ~ 138 / >142.5
SL: ~< 127 (-8% to 10%)
Target: ~ 180 (+10%)
Reward to Risk - 2.5:1
Important to note:
1. Accumulate desired quantities of the stock in a phased manner
2. Calculate the Risk before finalizing the quantity (Total Amt at Risk/ Difference b/w Entry and SL)
3. Look for the follow-through candles for the confirmation
4. Keep a tight SL, (The impact of the Loss-making trades must be negligible compared to Profitable trades)
5. Trailing SL at different levels could be handy.
Disclaimer: Purely for Educational and Informational Purposes.
