WGS (Risky (High Reward)) Earnings Play
By:TradingView
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This one is a bit of a riskier trade set up as we do have Earnings going into Monday morning which can be extremely volatile for WGS.
Entry $65.86
Stop Loss $56.41 (14% loss) - Earnings can gap down violently resulting in an incomplete Stop Loss Order Fill if it goes poorly (This is a real risk with Earnings). I would keep position sizes rather low for this if you choose to take it.
Take Profit
1. $99 (50% Gain)
2. $113 (71% Gain)
3. $126 (92% Gain)
Entry $65.86
Stop Loss $56.41 (14% loss) - Earnings can gap down violently resulting in an incomplete Stop Loss Order Fill if it goes poorly (This is a real risk with Earnings). I would keep position sizes rather low for this if you choose to take it.
Take Profit
1. $99 (50% Gain)
2. $113 (71% Gain)
3. $126 (92% Gain)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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