BigWaveTrading

Going long RTEC on Tuesday

Long
NYSE:RTEC   None
RTEC is printing a bullish engulfing hammer candlestick price bar right off its uptrending 50 DMA on heavier above average volume with my momentum/trending oscillators confirming the price move. I am going long RTEC Tuesday morning using a limit order (GTC-BUY-LMT) @ 26.55. I will have two trailing sell stops (GTC-SELL-STP) @ 25.75 and 25.15 to protect my initial invested capital in case the stock does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from February '16 - October '17.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.