I bought my position today
August 4, 2023
Reasons:
1. Low-risk entry point
2. Coming from a classic cup and handle
3. Bought initial position at the cheat area
4. High relative strength stock
5. It is in a confirmed stage 2 uptrend
Flaw:
1. My latest personal trades are not working well
2. Stock squat and lack volume on the breakout
I like to see a pivot reset and more constructive action in the upcoming trading days.
August 4, 2023
Reasons:
1. Low-risk entry point
2. Coming from a classic cup and handle
3. Bought initial position at the cheat area
4. High relative strength stock
5. It is in a confirmed stage 2 uptrend
Flaw:
1. My latest personal trades are not working well
2. Stock squat and lack volume on the breakout
I like to see a pivot reset and more constructive action in the upcoming trading days.
Trade active:
I added to my position on a pivot reset today.
Trade active:
An abnormal price action occurred today. On a judgment call, I reduced some positions at -2.4% loss.
Trade closed: stop reached:
A full bearish engulfing. I got stopped out at my entire position at -6% loss.
Trade closed: August 9, 2023
Trade closed: August 9, 2023