henryxue

Bottom Fish

Long
henryxue Updated   
NASDAQ:CVGI   Commercial Vehicle Group, Inc.
Bottom fish the double bottom since it is close to double bottom, and monthly still in the up trend.
buy at 7, stop loss at 6.59
T1 8.00 (1/2);
T2 9.00(1/2)
if double bottom forms, prince go above 21ema and 12ema, get in ride with weekly trend and pattern breakout
target at 11, set stop loss at daily recent support.
( may be cautious about the descending triangle)

20180730 1200
personal trading plan, not advice.
Comment:
buy at 6.82 instead
Comment:
filled at 6.82, set stop loss below 6.60.
patiently wait and pray.
20180731 1107
Comment:
daily price above 12and 21EMA, macd cross. near resistant at 7.50
wait one or two day, see how price acts at 7.50
maybe should take some profits.

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