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Dear traders

I didn’t find much for today and I was looking over all lists what I have. For me that is sign about market moment. For swing trading risk is still high. Brought two ideas, but I will like to note that risk is higher on both ideas. INCY is very close to bigger monthly support and small yesterday bar suggest me for bounce possibility, but technically we could see another leg down. It is really hard to say that at this moment and because of that risk is higher. Gild situation is same because of daily pull back before two days, but weekly and monthly support is stronger and I’m looking for strength. It will be nice if we will see setup at least after first 15 min to determine intraday action. For now trading plans are valid for both ideas and we will see after open. 

 

GILD - long trade 

Trading plan:

Entry price: $73.75

Stop price: for members

Target area: for members

Type: for members


 

INCY - long trade 

Trading plan:

Entry price: $94.10

Stop price: for members

Target area: for members

Type: for members

  

Wish you all good trading

 


 

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