NASDAQ:THOR - Nasdaq -
We assign a technical rating of 8 out of 10 to THOR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, THOR is showing a nice and steady performance.
THOR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 67.98, a Stop Loss order could be placed below this zone.
67.30
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
68.55 | 67.98 | 0.57 (0.83%) | 25.00% |
An entry @68.55. This is a Buy Stop order right above the 10 day moving average. | An exit @67.98. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.57 points, which is 0.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
NASDAQ:THOR (1/22/2020, 9:33:30 PM)
67.99
0 (0%)