MBAP - CUP WITH HANDLE
Updated
I got into a full position today on this classic cup and handle pattern.
This is not the environment for a full 25% position, but I see the very constructive price action and fundamentals in the stock.
However, on the closing day, the stock keeps coming down to its breakout level and forces me to reduce my position in half.
This is not the environment for a full 25% position, but I see the very constructive price action and fundamentals in the stock.
However, on the closing day, the stock keeps coming down to its breakout level and forces me to reduce my position in half.
Trade active
I am holding the rest of my position and expecting a pivot reset to adding back to a full position. Otherwise, I'll get out.Trade active
I nailed my positions into strength at 20% gains on half. Now I'm freerolling my last position.Trade closed: target reached
Nailed my last position today at+22% on trailing stop.
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