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chickenfeast
Nov 4, 2018 12:23 AM

CRMD with a break above the high of 1 is a buy Long

Description

Based on TD9 a break of the 1 will be a buy. Set stop at the 9 day EMA.

Coming off a 9 buy a few days ago, a break above the 9 EMA on high volume, and the overall trend of the stock is up, MACD looking set to make a bullish cross in a few days

Trade active

Had a decent run today but was unable to capture and hold the .618 Fib line, still finished with a higher closing price and good volume. which is good. i executed my trade later in the day at 1.39 since it popped to far at the open I did not want to chase. Stop is set and right now it would be a small loss. RSI and MACD still looking up.

Comment

Zero follow through sold position on Nov 7th for a small loss. If these kinds of trades don't immediately go your way cut the losses

Trade closed manually

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