HOOD Swing Idea - short-term

9月12日

HOOD is triggering the 5/10 ema cross on the daily and looks good in this spot here.

I'd like to see it get over the 50d SMA (20.63 currently) for added confirmation. If it opens above, I'll be buying at market open.

Using the daily ATR of .98, my exits are as follows:

SL: 19.26
TP1: Trim at 21.36 (some intraday supply here)
TP2: 22.83 start of supply zone
TP3: 23.69 only if showing signs of strength through supply, and only runner(s).

Max Date: Market Open of 9/24.

^^^If SL or TP levels have not been hit by max date, I'll exit at that time.

What I'm buying:
I like the Sept27, 20.5c's, currently 1.06, or a safer version is the Oct 20c at 1.86.



1hr chart showing small supply zone

9月12日

交易开始

Solid move so far. Right at first trim spot

9月12日

交易开始

Transparency, I actually exited at that trim spot as it was struggling a bit. I re-entered the 21c after seeing a solid base form just below, then broke above.

9月13日

注释

If LOD breaks today I'll exit for small gain

9月13日

交易手动结束

Exiting here for small gain

9月17日

交易结束：到达目标

Getting close to original target at 22.83. I've been out, but just posting an update here. Consider exiting full or only leaving what you can lose going into FOMC