MS - Minor Low Breakout
MS is the strongest stock in the XLF sector (Financial)
G/G trend with Vscore, Volume Profile, 21/34 propulsion, Darvas 3.0.
XLF has pulled back, but should resume trend with macro economic uncertainty (inflation reports/rate discussion) settles down.
Looking by the minor low breakout.
Prices with in the 13/21 propulsion dot levels.
Entry - $98.05
Profit - $99.80
25% stop loss
21APR23 97.5 Calls
G/G trend with Vscore, Volume Profile, 21/34 propulsion, Darvas 3.0.
XLF has pulled back, but should resume trend with macro economic uncertainty (inflation reports/rate discussion) settles down.
Looking by the minor low breakout.
Prices with in the 13/21 propulsion dot levels.
Entry - $98.05
Profit - $99.80
25% stop loss
21APR23 97.5 Calls
Order cancelled
Did not take this trade due to option prices. Options were over $6 at the time of the breakout.Trade probably would have been stopped out @ 25% Loss
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