matjaz70

BGS short second try

Short
matjaz70 Updated   
NYSE:BGS   B&G Foods, Inc.
Big pictrue of fundamental analysis and technical analysis. it seem like all stock is flying up again, and that it is no limit to reach the sky
Describe the trade. What you see? price is channaling for a long time and price is predictabel. The play will be clasical from reistance to support level of side down channel. Macd coul be on turn level, RSI is very high and about to turn. volume is on a little downturn or same same from previos peak
Write why you want to enter the trade in this point? support level , rsi, volume, 20 ema up.
Trade closed: stop reached:
What have I done well for this trade? The enter point was according to my rule
What can I take away to help with later trades? that you shall study the channel more in deepth. you shall put your stop loss emidiatly lower when you see some move into your favour.
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