I bought my positions today
July 20, 2023
The reasons:
1. Low-risk pivot entry
2. A quintessential long-base VCP
3. The stock is at its all-time high with a six months base
4. It is in a confirmed stage 2 uptrend
5. It developed a crisp setup during the market correction
6. It has a high relative strength line
Flaw:
The general market is still declining
I'm expecting some positive actions in the upcoming days
July 20, 2023
The reasons:
1. Low-risk pivot entry
2. A quintessential long-base VCP
3. The stock is at its all-time high with a six months base
4. It is in a confirmed stage 2 uptrend
5. It developed a crisp setup during the market correction
6. It has a high relative strength line
Flaw:
The general market is still declining
I'm expecting some positive actions in the upcoming days
Trade closed: target reached
I got stopped out at a trailing stop for a +4% gain.Trade closed: October 19, 2023
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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.
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.