New Setups: AHR & ORLA
“It was really later on when I decided that the reason there are so many technical indicators out there is because none of them work very well.” - Chuck Hayes
AHR has closed above a down sloping trend line...
ORLA has closed again above the breakout area...
The above stocks now have a setup signal(1). I'm looking to enter long near the close of the day if the stock can manage to BREAK above and CLOSE over the last candle highs(2). If triggered, I will then place a stop-loss below(3) and a Take Profit above it(4). Using the close below the 10SMA as a trailing stop loss. **Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(3).