Yurii is an Ex-Prop Trader & Fund Manager for UK & Swiss Institutions who specialises in trading US equities
$KEYS (Keysight Technologies Inc.) is holding the 200 Simple Moving Average for now. It has retraced considerably since its last move. Technically it has two peaks near 98.00 area that in case are broken can begin a momentum higher. The issue is that it has strong support that might become resistance at 100.00 mark. This trade is tricky but can have a nice fast run as the stock has a good ATR=2.61.
Earnings – February 24th.
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Remember: These are not trade recommendation to buy or sell securities. Always do your own due diligence and trade at your own risk.
Never chase a trade once it is too extended from the entry zone.
Never risk more than 1% of equity per trade.