Gap and go today. Also completely filled the bearish gap from 4/12. If we break today's high, I think there is a good chance it continues higher. The one major roadblock to that is the 50 EMA. At the very least, I think it'll pause around the 50.
This is an above average risk trade solely because we are right in the middle of a channel. That is part of the reason I want it to break today's high before entering.
This is an above average risk trade solely because we are right in the middle of a channel. That is part of the reason I want it to break today's high before entering.
Comment:
Going to have to hope for a retest. I missed getting the order in before it shot up this morning. Couldn't send pre-market due to funds being tied up in PAAS
Comment:
I'm sorry. We will have to hope for a retest due to the second gap and go day in a row.... not sure if we will get it or not.
Trade active:
Triggered in @ 7.9986
I was trying to wait for S to trigger/retest. Unfortunately, it came within 1 penny and then rebounded again.
I was trying to wait for S to trigger/retest. Unfortunately, it came within 1 penny and then rebounded again.
Trade closed: stop reached:
Wow.... That's a bummer... On to the next!