BEER - PRIMARY BASE

By rifqonr
Updated
I bought my positions today
January 25, 2023

The reasons:
1. Low-risk entry
2. The stock offers its first buyable base after an IPO
3. Ascending bases from IPO
4. High relative strength

The flaw:
We're in a hard-penny environment, and the general market is still correcting.
Trade active
Today, I sold into strength at a +14% gain on half.
Trade closed: target reached
I sold all position at +16% gain on backstop sell.

Trade closed: February 10, 2023.
ascendingbasesipobaseprimarybaseTrend Analysis

Disclaimer