tradepatiently

AROC Entry, Volume, Target, Stop, Resistance

Lång
tradepatiently Uppdaterad   
NYSE:AROC   Archrock, Inc.
Entry: with price above 13.26
Volume: with volume greater than 1.1M
Target: 16.00 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 13.27 & target of 16.00, a stop at 12.36 gets you 3/1 Reward to Risk Ratio.
Resistance: Resistance @ 13.75 from July, 2018

This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.

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