I have been watching DDD ($52.48, up $2.42) for another buy entry. We’ve finally seen a buy trigger against this first price cluster zone at the $49.30 – $50.97 area. So if you MISSED the first buy trigger what do you do??
Since the first target for this setup is still above the market at $56.17, there is still upside potential, and typically I will buy the next pullback when I miss the first entry!! At that point my risk will be defined below the recent low at $49.67. The next targets after $56.17 are $57.94, $58.67 and $63.05.
The risk is well defined here!