Buy CBA @ 129
Zaktualizowano
bought CBA @ 129 with 3% stop, given substantial reveal over 9% from high with major market crash, CBA look to get it head up again if Mkts start recovering from here. Earnings is due in 5 days so be ready for volatility but this could also work to advantage if markets also get stable.
CBA bounce from 50day Moving avg every time during this up uptrend stage so this reversal support this trend.
this trade is for short term gain and would look to finance the risk as soon as possible or cut the risk by half if not work our way.
CBA bounce from 50day Moving avg every time during this up uptrend stage so this reversal support this trend.
this trade is for short term gain and would look to finance the risk as soon as possible or cut the risk by half if not work our way.
Uwaga
trade working fine up to now, earnings announcement tomorrow expect volatility and adjust suit the risk. Zlecenie zamknięto ręcznie
selling 1/3 to with 2.5% profit to reduce the risk. will see how mkt react to earnings tomorrow! Uwaga
earning came below expected mkt taking it positive. we got almost 4% gain so far on the rest of the holding. now time to manage the risk and wait and see where it will take us. Uwaga
correction earnings has come out better than expected :) Transakcja zamknięta: osiągnięto wyznaczony cel
closing the trade with 6% plus profit! CBA still looking good but i got my money in the pocket :) for longterm traders still can carry this position with 5% back stop to cover the risk. good luck !
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