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RL at 122.21
I’m looking for RL to test 130-135 over the next couple of weeks.
This is a bullish trade with a max potential risk of 5.50 and max potential reward of 9.50
This trade has about 38% POP
Chart:
Risk Profile:
Order Ticket:
RL at 125.40
This trade is taking much longer than anticipated but it is starting to move in the right direction. The biggest risk here is that the stock moves too slow and this trade runs out of time. I do think we’ll see more upside but I need to have more time to hold it longer.
I’m going to take this trade off for +20% and look to set up a new trade with more time until expiration.
Exit Order:
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