I bought my positions today
February 24, 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 volume.
This stock is more like a power play on top of a power play, a strong leader characteristic. Moreover, It is in its own cycle, marching to its own drummer.
February 24, 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 volume.
This stock is more like a power play on top of a power play, a strong leader characteristic. Moreover, It is in its own cycle, marching to its own drummer.
Trade closed: target reached
Today, I sold half into strength at +16% gains, another half at +19% gains.Trade closed: February 28, 2023
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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.