BDKR - PRIMARY BASE

Updated
I bought my positions today
May 25, 2023

The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after an IPO
3. It has a very tight pivot level/line of the least resistance
4. High relative strength stock
5. It has VCP characteristics
6. I got an 80% win rate on a primary base setup

Flaw:
1. The market is still in a correction
2. Lack of setup in the market

I had a pilot position on May 23, 2023. Today, I added it into a full position.
Trade active
I reduced my positions at -2% loss on May 31, 2023.
Trade active
I added into my position on a pullback buy today.
Trade active
I sold half into strength at +18% profit today.
Trade closed: target reached
Out today, slightly above the breakeven point at +3% gains after getting shaken out.

Trade closed: July 10, 2023
IPOprimarybaseTrend AnalysisVCP

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