Trying new things here, after identifying a cup w/ handle pattern. Volumes confirm the pattern formation. Furthermore, CARG presented strong EPS growth during the last quarter which confirm previous trend. The company has a new CEO and might be placed to announce another strong quarter. CARG releases Q4'20 information next thursday FEB 11, 2020. Direction to be confirmed once this announcement is made.
Trade closed: stop reached:
CAGR missed earnings estimates! Trade closed, pattern not applicable
Comment:
This is a good example of how sticking to your stop-loss rules can avoid many headaches. If we do so, we live to trade another day. Keeping it here as a reminder to myself.