I bought a position today
The why I bought the stock:
1. Low-risk entry
2. Long base Cup and handle pattern
3. A decent reported earnings
4. High relative strength
5. The stock has VCP characteristics.
The why I bought the stock:
1. Low-risk entry
2. Long base Cup and handle pattern
3. A decent reported earnings
4. High relative strength
5. The stock has VCP characteristics.
Trade active
If it can pause for at least a day or two below the 1555 level, I'll consider pyramiding up my position.Trade closed: stop reached
I add to my position in the morning. Then near the closing day, I get out of my entire position due to bearish engulfing for a -4.5% loss.
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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.