Early stages of a cup base forming. Took a position today knowing it's an early price point. I like the tight formation and if the financials continue next year should be the first year EMHTF returns to profit.
Trade active:
still holding, last spike hopefully a shakeout of sorts. It's risky buying into the bottom of a possible cup pattern. I like the tight trading so far. Will continue to monitor.
Trade closed: stop reached:
early entry into cup position always risky, closing and better to wait until right side of cup appears. closing out will continue to monitor.