ShakeShakeLeg

Miracle, yes! Gro, yes, Scott!

Long
ShakeShakeLeg Mis à jour   
NYSE:SMG   Scotts Miracle-Gro Company (The)
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What I see...
+ A relative strong performer throughout the past few months. A very few that managed to keep the 50MA above 200MA@
+ Bullish Engulf candle with Low supported by the rising 10MA and very high vol.
+ MACD is positive and rising
+ RSI is also very (too) bullish
+ Prices reaching all-time high!

- RSI is stepping into over-bought territory

What I setup...
+ Long entry above all-time high
- Stop at week low
+ Target at 1.618 Fib
:: Duration 1 to 2 weeks
Transaction en cours:
Setup triggered; Long
Transaction en cours:
Moved Stop to $135 range... Bullish Engulf failed to follow by a up bar.
Commentaire:
Moved Stop to $138... Spike in vol. to dump stock during the last hour of trade on Friday.
Trade fermée: ordre d’arrêt atteint:
Stopped out today at bE.
Clause de non-responsabilité

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