trade idea

Trade Idea: $XLNX 2/10/2021

by | Feb 10, 2021 | Trades

$XLNX

Trade: Bullish

Pivot: 142.86

Edge: $XLNX has a daily slingshot squeeze.  We also closed today above key moving averages.  A break of the trend line and we should get a nice push.

Above the Pivot

R1  148.10    R2  153.14    R3  154.93  R4  159.55

A close below the pivot and we will exit the position.

Options Idea: Feb 19th 150c

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