Echo Trade Entry – TLT

TLT has setup a nice echo of a prior pullback and I am expecting a move higher to $150.50 target 1 or $152.25 target 2, with potential for much higher targets.  Support zone as marked down to $142.50 area. I waited until we were above the 61.8% resistance for the entry.

**We may see a pullback before the run to the targets, just be ready for it if it happens.**


Buy $148 – Sept 17, 2021 Calls or shares


$3.80 (plus or minus $0.15)

Support Zone

$142.50 area


Target 1 $150.50

Target 2 $152.25

You are welcome to use different strikes, expirations, or even directly use stock. 

If this is your first echo trade I strongly suggest watching the masterclass for proper trade sizing in your account BEFORE taking the trade.  


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