rifqonr

ARKO - VELOCITY PLAY

Long
rifqonr Updated   
IDX:ARKO   ARKORA HYDRO TBK
I secured my positions today from a velocity play.
This is my second attempt playing this move. The stock broke out today on huge volume, strong relative strength, and excellent price action (power play and cup with handle).
Trade active:
I sold half portions at a decent +17% gain into strength today. I'm freerolling the rest of my position now.
Trade closed: stop reached:
I get out of my last position at breakeven today. However, the stock closes strong at the end. I'll put the stock on a watchlist.

Related Ideas

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.