NTY – Swing Trade – Setup

• I see a Cup & Handle setup on NTY
• My Entry is just above the white line
• My Stop is where the red line is, which in my opinion, is the Pivot Point of NTY in the past few months.  Instead of using the low of 3/31 ($48.00) as my Stop, I’m going to be a bit aggressive here and set my Stop at just under $49 instead.

• My Target is $55, which is the High that was set back in early 2007.