looking to pick up 20,000 shares of VTG with a limit order of 0.16. stop out will be 0.14, first target will be 0.20 then up to the the 50ema
Posted Jul 15, 15 9:15 PMbyflex225
Tickers
VTG
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looking to pick up 20,000 shares of VTG with a limit order of 0.16. stop out will be 0.14, first target will be 0.20 then up to the the 50ema
why are you thinking it's go up?
due to the consolidation that has been happening over the past few weeks and that it oversold. Risk/Reward pans out nicely however i do not know if or when its going to rise. So ill park 3200usd in this name with a max loss of 400 and reward of 800+. Trade books a 2:1 ratio or higher if you have a higher target and if you do follow the teend you can see that this stock consolidates and then pops before being dumped off
@flex225 Thank you for such an extensive explanation =)))
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