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
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I got stopped out at a trailing stop for a +4% gain.