I bought my positions today
July 20, 2023
The reasons:
1. Low-risk pivot entry
2. A quintessential long-base VCP
3. The stock is at its all-time high with a six months base
4. It is in a confirmed stage 2 uptrend
5. It developed a crisp setup during the market correction
6. It has a high relative strength line
Flaw:
The general market is still declining
I'm expecting some positive actions in the upcoming days
July 20, 2023
The reasons:
1. Low-risk pivot entry
2. A quintessential long-base VCP
3. The stock is at its all-time high with a six months base
4. It is in a confirmed stage 2 uptrend
5. It developed a crisp setup during the market correction
6. It has a high relative strength line
Flaw:
The general market is still declining
I'm expecting some positive actions in the upcoming days
Trade closed: target reached:
I got stopped out at a trailing stop for a +4% gain.
Trade closed: October 19, 2023
Trade closed: October 19, 2023
