buying NAB given the price consolidation around this level. again going for a tight stop of 4%. overall market is positive and banking sector will need to support this move. NAB price action looking good just broke off 50 day MA. We could see price moving up from here to all time highs.
Note
2.2% jump just after the buy, reducing the risk by raising the stop
Note
new stop at 36
Trade closed manually
mkt acting very week so reducing the risk by cutting 1/3 of the position with 2% gain and adjusting the stop for rest at 36.50!
Note
Adjusting the stop to break even. stock performing well!
Trade closed manually
selling 1/2 position with 3.5% gain due to overall mkt action being very volatile. we are in profit and with a break even stop we can see how the stock play out in next few days.
Note
Adding sold 1/2 position back. price action looks good and overall sector performing well. stop at 37.43. expect volatility with Feb rate decision announcement.
Note
DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such.
Note
selling 1/2 to reduce the risk of overbought market. stop at breakeven.
Trade closed: stop reached
got stoped.
Beyond Technical AnalysisChart PatternsTechnical Indicators

Also on:

Disclaimer