Breakout and Swing Trade Ideas

Discussion in 'Stock Market Today' started by StockConsultant, May 19, 2022.

  1. StockConsultant

    StockConsultant Well-Known Member

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    RDW Redwire stock watch, pullback to 10.31 support area with good trade quality, see also RKLB stock at https://www.stockconsultant.com/?RDW

    Long Trade
    • Target 1: 14.05 Profit: 35.5% Stop/Trailing Stop: 9.74
    • Loss: 6.1% P/L ratio: 5.8 : 1 - Excellent
    • Target 2: 15.16 Profit: 46.2% P/L ratio: 7.6 : 1 - Excellent Extreme rally
    BULLISH
    • [Positioning] at support
    • [Timing] Mild bullish 3 day candlestick pattern.
    • [Timing] Excellent long trade quality
    BEARISH
    • None
     

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