the_get_man

Bullish Flag + Engulfing Candle

Long
NYSE:CLD   None
3
CLD formed a bullish flag pattern. I am going to play the top and bottom of the bullish engulfing candle:

Trigger: 5.96
Stop: 5.62
Target: 6.64

Plan:
I will allow 3 days to trigger.
Take all at target.
Move stop up to break even with 2 closes above the 50sma.
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