$ZHIPU SWING LONG SETUP
Going long on $ZHIPU from CMP around $83.00.
The idea here is a swing trade, so I’m giving the setup time to develop rather than expecting an immediate move.
Entry: $83.00
SL: $81.00
Target: $100.00
Only $2 of risk on the setup, so the invalidation is tight relative to the upside I’m targeting.
Now we wait and let price decide.
Small defined risk. Bigger potential move. Manage your risk and stay patient.
#ZHIPU #ChineseStocks
Going long on $ZHIPU from CMP around $83.00.
The idea here is a swing trade, so I’m giving the setup time to develop rather than expecting an immediate move.
Entry: $83.00
SL: $81.00
Target: $100.00
Only $2 of risk on the setup, so the invalidation is tight relative to the upside I’m targeting.
Now we wait and let price decide.
Small defined risk. Bigger potential move. Manage your risk and stay patient.
#ZHIPU #ChineseStocks
