My Trade - WEN (open)

I initiated a swing position at $14.99 in a fundamentally strong, high-yield stock that’s currently trading near a major support zone. The setup aligns with both technical and fundamental factors, making it a compelling trade for swing traders or dividend investors.

📈 Trade Setup:

My Entry: $14.99 (yes I'm a bit early)

Buy Zone: $14.00 – $14.75

🎯 Profit Targets:

Target 1: $16.00 (+6.7%)

Target 2: $16.86 (Analyst Target, +12.5%)

Target 3: $18.50 (+23.4%)

🛑 Stop-Loss Strategy:

Conservative Stop: $13.50

Aggressive Stop: $13.00

(Risk/reward from current entry is still favorable.)

💡 Risk-Reward Ratio:

Approximately 2.5:1 – a solid setup considering the fundamentals and yield.