-62 Week ascending triangle
-Well defined, horizontal boundary
-Bollinger band contraction on the weekly and daily
Still on my watchlist and will be a buyer above $6 with a break and close. 30 basis points of risk planned
-Well defined, horizontal boundary
-Bollinger band contraction on the weekly and daily
Still on my watchlist and will be a buyer above $6 with a break and close. 30 basis points of risk planned
Comment:
order cancelled, prefer to watch the monday close
Comment:
Will put in an order this afternoon for a close above the boundary line
Comment:
Correction, Buy order in @ 6.03 with stop @ 4.87 below previous weeks close
Trade active
Comment:
I like the fact that it closed above boundary accompanied by decent volume but I don't like that it is below $6 close
Comment:
Nice open @ 6.05
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ATH close today
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Weekly ATH
Comment:
2 day away trailing stop moved to 6.11
Comment:
Comment:
Had I been implementing my swing/position trade management protocols, I would have taken profits today at the measured move of this ascending triangle. +5.37R
Comment:
Under heavy selling into the open. 6.74 on the open and falling. Can be expected after price meeting its measured move.
Should have a level to progress stop against once I have two days of new highs in the next few days to weeks
Should have a level to progress stop against once I have two days of new highs in the next few days to weeks
Comment:
Selling half my position at the open.
Family matters are diverting my attention
Family matters are diverting my attention
Comment:
Half position taken off @ 6.70 for +4.19R
Comment:
Glad I closed half position.
Comment:
New interpretation, 4 week flag forming
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Will buy a second tranche of 30 basis points on a break and close above 6.79 should I have a measured R/R
Comment:
Bought second tranche @ 6.89
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Stop on 2nd tranche @ 6.84
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Looking like a close above $7 could come today
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...Maybe not, definitely want that stop there now
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2nd tranche stop hit
Comment:
Stop moved to 6.21
2 day away rule
2 day away rule
Comment:
Another potential chance for some additional exposure
SL @ 5.85