SRAJ - POWER PLAY
Updated
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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