Bought Vertiv Holdings LLC because it somewhat fits Strategy 1 — a breakout following a period of sideways consolidation.

👍 Positives

  • Price is above the 10, 20, 50, and 200 moving averages
  • It broke through a resistance zone.
  • There is no overhead resistance, and the stock price is at an all-time high.
  • MACD is at positive territory

⚠️ Negatives

  • The stock price has broken out, but there has been no corresponding increase in trading volume.

🎯 Trade Plan

  • Stop loss: Intraday low
  • Target: $369.1