I bought positions today
The reasons:
1. Low-risk entry
2. Power-play setup on a low cheat entry
3. Stock moves up >100% in 8 weeks
4. Corrected the least <25%
5. High alpha stock
Flaws:
1. Squat after a breakout
2. Lack of volume on the breakout
The reasons:
1. Low-risk entry
2. Power-play setup on a low cheat entry
3. Stock moves up >100% in 8 weeks
4. Corrected the least <25%
5. High alpha stock
Flaws:
1. Squat after a breakout
2. Lack of volume on the breakout
Trade closed: stop reached
I got stopped out today at -6% loss.Trade closed: 05.01.2023
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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.