Here are some more possible trades for you to consider in TNA that occured during the afternoon today.  The first shows how you might play 3 different breakout moves and protect profits to the utmost degree, and the second shows how you could play it as a longer term hold by using less shares thus allowing for a bigger stop loss.  I used technical levels for the stop loss area…either the previous high of day line or the low of the day line. 

tna 2tna 3

You Might Like

  • Fading the Gap: How Large Overnight Moves in SPY and QQQ Play Out During the Trading Day

  • How to Trade a Bear Flag

  • Technical Analysis vs Market Conditions: How to Know What’s Affecting Your Trades