Setup: Red to Green
Entry is a little extended considering it has traveled about $1.75 in 12 minutes. An Entry 15 minutes later would have maybe been a stronger entry, with the ema's catching up to price and starting to push it up.
Where are EMA's:Price at 20ema, 9 is lower but narrowing
EMA's-Direction & details:20 curling up, 9 is coming up from below fast
Time Frame Alignment: stock @ highs
Volume:good
Market action-Spy-Sectors-stock: Bios are strong
Stop: stop 56.14
After 1st target hit, stop to 56.98 target 58.96 (slighty under whole#)
My stops on the way up were:
57.88, 57.97, 58.14, 58.56 which is where the final exit came
Target: 1st target 57.97 (High of previous day) 2nd target 58.96 (slighty under whole#)
R/R: 95/88
Are Stop/Target proper: Stop seems too low
Reasons for exits: stops
Execution detail:
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