Stock as previously in downtrend and then moving sideways.
IPO filing came stock rallied.
IPO withdrawn and stock dumped.
Now price near bottom of channel.
Tweezer bottoms.
Entry around 7.70 maybe cut around 6.90.
Looking for it to fill the gap.
IPO filing came stock rallied.
IPO withdrawn and stock dumped.
Now price near bottom of channel.
Tweezer bottoms.
Entry around 7.70 maybe cut around 6.90.
Looking for it to fill the gap.
Trade active:
Bought @ 7.85.
Once it goes to 8.40 thereabouts will add a trailing stop at 8.10
Once it goes to 8.40 thereabouts will add a trailing stop at 8.10
Trade closed manually:
Got out at 8.00.
There is too much indecisiveness.
Can't seem to be able to break the top.
Did not want to put on risk seeing it swing sideways.
Will find a better time for re-entry
There is too much indecisiveness.
Can't seem to be able to break the top.
Did not want to put on risk seeing it swing sideways.
Will find a better time for re-entry