Long
ACIA capital pivot
went long ACIA a half positon at 101.75 after ACIA announced secondary public offering to be priced 100. stops at 98/97ish. With 50dma and last local low sitting right at its current price, a breakdown hitting stops in this area doesnt seem so unlikely either.
Trade closed: stop reached
prices went up back close to my entry this morning and I was thinking about closing that trade there manually for the reason mentioned above. However, I didn't close it hoping to see it rallye again. Which did not happen and I had to take that medium loss at 97.30.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.