abusedsurfer7

CEMP Trading the Trend

abusedsurfer7 Updated   
NASDAQ:CEMP   None
CEMP has formed an ascending triangle. The bottom trendline is strong. Looking for a move higher back to resistance around $4.86. Possible gap fill back at the end of last December? We shall see. At the very least looking to trade the trend.
Trade active:
241 shares at $4.37. Price action looked bullish today.
Comment:
Stop placed just below the trendline at $3.95.
Trade closed manually:
Closed this trade a few days ago to minimize losses to $20.

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