***CLICK THE CHART TO GET A LARGER VIEW***

MS – Echo Trade setup

The entry triggered yesterday afternoon, but I was cautious due to the immediate retrace we had. The support zone is marked, a sustained move below there will invalidate the trade. 

Alert:

Buy to Open MS May 21, 2021 $85 Strike Call

Price:

Around $1.85 (plus or minus $0.25)

Resistance Zone

$82 – $83 area

Exit:

Target #1 $89 and possibly $93

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

==============================================================================================================================

Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.