I bought my positions today
April 5, 2023
The reasons:
1. Low-risk pivot point ;
2. The stock is up >100% in less than 8 weeks;
3. Corrected the least during the pause, less than 25% correction;
4. Volume dries up as a sign of less supply coming to the market; and
5. It breakouts with huge volumes.
The flaw:
Stock squatted on the closing day
April 5, 2023
The reasons:
1. Low-risk pivot point ;
2. The stock is up >100% in less than 8 weeks;
3. Corrected the least during the pause, less than 25% correction;
4. Volume dries up as a sign of less supply coming to the market; and
5. It breakouts with huge volumes.
The flaw:
Stock squatted on the closing day
Trade closed: stop reached
Stopped out at -7% loss.Trade closed: April 6, 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.