vmreyesa

ESAB IPO Base

Long
vmreyesa Updated   
NYSE:ESAB   ESAB Corporation
Recent IPO. "ESAB Corporation Completes Separation From Enovis and Launches as an Independent, Publicly Traded Company"
Breakout from a cheat area an IPO Base with VCP characteristics.
AVG: 50.59
Stop 48.50
Risk: 4.13%
Position Size: 8K
Overall Exposure: 16.80% Still very conservative, summing pilot positions one day at a time while trying to create cushion.
Trade closed: stop reached:
Stopped out on the next day. Back to 21% exposure. Portfolio is doing very good today even tho I got stopped out of this and market y down almost 2%. Still not aggressive but that's good feedback on the stock selection.

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