long Airbus entry question

dgtrading

Active member
205 16
any advice on this:

Airbus is on my watch list, looking to enter on the pullback, strong up trend. debating to enter when it pulls back to the 56.24 level or to wait until it meets the trend line (through 30thDec to 24thfeb). I have a feeling waiting for the trend line would be a higher probability trade.

BMW, RR and Airbus are stocks i trade/watch. should i cut engineering trades back incase of industry shocks? They are all in strong up trends
 

Jack o'Clubs

Experienced member
1,554 342
They will be correlated in certain ways for sure, eg to oil price or RR and Airbus to airline capacity changes. You would probably be better to pick the one with the best entry and then look to other sectors if you're going to run concurrent positions.
 

dgtrading

Active member
205 16
I am finding RR to trend the most consistently out of the 3 with nice entries so I will gear more risk towards it. thanks for the advice :)
 
 
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