ALGT - Base + ORB
This has been in strong uptrend. respecting the 10/21 EMA.
It have good movement over night.
Traded on 30 min candle - 30 min candle was red but a shake out demand tail
^^^^
High top of wick = entry
Bottom of wick = SL
Based on trend in current market QQQ + Russel down. This is still moving up.
ADR is 4%
Entry $103.65
SL - $101.95
risk per share = $1.7 or 1.64% << this is less then 40% of ARD
It have good movement over night.
Traded on 30 min candle - 30 min candle was red but a shake out demand tail
^^^^
High top of wick = entry
Bottom of wick = SL
Based on trend in current market QQQ + Russel down. This is still moving up.
ADR is 4%
Entry $103.65
SL - $101.95
risk per share = $1.7 or 1.64% << this is less then 40% of ARD
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