I like this setup, because it came from my scanner, which I trust more than any living human I know.
I want to go long, but it's too messy near the bottom. Might be ok for an options play, but for owning stock and requiring a stop loss I think it's a bridge too far.
Still curious about the fate of the stocks that come up on my scanner, however, so that's why I'm posting.
I want to go long, but it's too messy near the bottom. Might be ok for an options play, but for owning stock and requiring a stop loss I think it's a bridge too far.
Still curious about the fate of the stocks that come up on my scanner, however, so that's why I'm posting.
Comment:
broke out nicely. If I had been watching closely I could have positioned myself to get the wick coming back to the breakout, but what's done is done. Just need to be more consistent with my watchlist entries. I put them there for a reason.