I bought my position today
The reasons:
1. Low-risk entry
2. The stock has a classic double-bottom pattern
3. The second leg (Y) undercuts the first (W)
4. It has the handle offering the low-risk pivot area
5. Brokeout with huge volume
The reasons:
1. Low-risk entry
2. The stock has a classic double-bottom pattern
3. The second leg (Y) undercuts the first (W)
4. It has the handle offering the low-risk pivot area
5. Brokeout with huge volume
Trade closed: stop reached
I cut my position today at breakeven.Trade closed: 03.01.2023
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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.