SIRI bull flag breakout, triple to
SIRI looks like it's formed a bull flag which it's about to break out of. SIRI's fundamentals look pretty good. Analysts are recommending to buy it. $6 is a natural support/resistance, and it has snuck above it a couple of times.
I'm planning on entering in with a medium size position at $6.00.
My risk is $5.85 (2.5%). I'm hoping for it to go up to around $6.70, which is about 11%.
I'm planning on entering in with a medium size position at $6.00.
My risk is $5.85 (2.5%). I'm hoping for it to go up to around $6.70, which is about 11%.
Note
SIRI closed above both previous highs. Looks promisingNote
The election has made everything a mess today. I'm going to try to sell some at $6.25Note
I sold about half of my position at $6.25. I need to learn to hodl through these small retracements. I keep getting stopped out.
Note
Sold some more at $6.40Trade closed: target reached
I'm all out now
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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.