I bought my positions today
November 27, 2023
The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after an IPO
3. Tight and clear pivot point (a cup with handle)
4. High relative strength stock
5. It acted strong against the general market
The flaws:
1. The general market is still in hard-penny environment
2. Most individual setups I personally trade don't work out well in the past months
I want to see some constructive action in the upcoming days.
November 27, 2023
The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after an IPO
3. Tight and clear pivot point (a cup with handle)
4. High relative strength stock
5. It acted strong against the general market
The flaws:
1. The general market is still in hard-penny environment
2. Most individual setups I personally trade don't work out well in the past months
I want to see some constructive action in the upcoming days.
Trade closed: stop reached
Stopped out today at -6% lossTrade closed: November 30, 2023
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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.