The stock developed a VCP setup, fundamentals good.
I got a position early this morning, but immediately stopped out. It simply doesn't act well.
I got a position early this morning, but immediately stopped out. It simply doesn't act well.
Trade closed: stop reached:
Stopped out in the same day, it is a bearish engulfing. This is my strategy, I approach the risk from a short-term angle, and take profit from long-term approach. I cut losses short, and let profit run.