HALO - PRIMARY BASE
Updated
I bought my positions today
March 9, 2023
The reasons:
1. Low-risk pivot point
2. The stock offers the first buyable base after an IPO
3. Low-cheat level (it is preferable for IPO base)
4. High relative strength
5. IPO breakout is working fine this far
Flaws:
1. Stock closed squat
2. Lack of volume on the breakout
So far, it acting normal. I like to see some constructive action in the upcoming days.
March 9, 2023
The reasons:
1. Low-risk pivot point
2. The stock offers the first buyable base after an IPO
3. Low-cheat level (it is preferable for IPO base)
4. High relative strength
5. IPO breakout is working fine this far
Flaws:
1. Stock closed squat
2. Lack of volume on the breakout
So far, it acting normal. I like to see some constructive action in the upcoming days.
Trade active
I added to my position today, a pyramid buy within a base, to a full 25% position.Trade active
Today, I sold into strength at +19% on half, and half again at +35% near the closing day.Trade active
I still have my last position to freeroll.Trade active
I sold another half into strength today at +69% gain, letting the last position to freeroll.Trade active
I sold another half into strength today at +113% gain, letting the last position to freeroll.Trade closed: target reached
The stock hit the trailing stop, last position sold at +101% profit.Trade closed: April 18, 2023
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.