Urban Outfitters, Inc.
Long
Updated

11/11/2024 - Here is a new BUY breakout chosen mechanically:

11/11/2024 - Here is a new BUY breakout chosen mechanically:

Stop Loss @ $34.35
Entry BUY @ $38.93 or more
Target Profit @ $45.34
Trade active
This trade didn't meet my updated criteria but looked good...I mechanical scanning and filtering methods are giving me good trade ideas but every now and then I still choose trades that don't check all the boxes but gives me a gut feel...
Trade closed manually
Updating and simplifying my scanning methods, I now know statistically that this is not a good trade to be in...even if it eventually works out..I'm looking to get out of this trade as soon as possible and I"m closing it today...not saying that it would not turn out as good but I feel more disciplined in following a set method

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