Bought 2000 share of ETON @ $7.0149
- Trying out taking profit at 3x 240min ATR for stock that I am not familiar with
- This is found in the increased volume scan
- Weekly is uptrend; look like doji
- Daily support at $6.63
- Hourly is pulled back from today's high
- Stop loss set to one time 240min ATR $0.44 pts
- Trailing stop set to weekly ATR
- Profit taken stop set to 3 times 240min ATR @ $1.32 pts
- Estimated loss is ~$880 and estimated profit is $2,640
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