NASDAQ:EXC is coming to a strong resistance level at about 39.00. In the past, we often had reversals in this zone. After the big momentum, the probability of a correction is high.
NYSE:LVS was in a clear uptrend after the higher high couldn't be confirmed. We have a breakout through the resistance zone at ~60.60. The plan is to wait until the price reverses for a correction back to the resistance zone where we are entering. The stop loss is placed above the zone with a take profit at RR 1:1.
I plan a trade at 97,48 just before the resistance zone at ~97.00. in the past, this zone was often confirmed and the course changed the direction there. We also have the 0,382 Fibonacci just in this zone, increasing the probability of a reverse in this area. The stop loss is placed below the resistance with a little bit of buffer to breathe. The take profit is...
I plan a short trade ( NASDAQ:MRNA ) at 144.41. The entry is just before the resistance zone at ~145.50 which is also confirmed by the Fibonacci 0.5 level. At 146.69 is the stop loss placed so that there is enough space to breathe. The take profit is very conservatively placed at a risk-reward ratio of 1:1.
NYSE:ACN Long
NYSE:ACN is in a clear downtrend since the high in December 2021. We have a level of support at ~ 254.00 which often got confirmed. The plan should be to trade the support level with a limit order. The take profit isn't that far away because of the fact we are in a downtrend.
Limit Order: 257,28
Stop Loss: 252,20
Take Profit: 265,04
