Almanac Trader: Mid-August Trade Update
Three of our trades for the middle of August triggered at close on August 5th. Now is the time for UWM. Get ready to buy UWM if it closes below 77.75 on August 7th.
Three of our trades for the middle of August triggered at close on August 5th. Now is the time for UWM. Get ready to buy UWM if it closes below 77.75 on August 7th.
Costco Wholesale Corp. (COST had a gap down open. It has made an opening 30-minute doji with close above the open. It is still below our original entry and yesterday’s close. The resistance of the upper line of the ascending triangle is stronger. Update the entry to above the ORB (30-minute opening range breakout) to 119.14.