jaxdog

$ENVX Long?

Long
jaxdog Updated   
NASDAQ:ENVX   Enovix Corporation
$ENVX Here’s a stock that has a good chance of being a 5 to 10 bagger down the road. New battery technology. Notice it held its earnings breakout. I took a chance on this today as it dropped to the 20 EMA. I’ll place my stop on CLOSE below the same EMA. Conversely, I’ll be looking to add on additional strength. All TBD. Good news is most everyone in this trade, by AVWAP, are in the money. See notes on chart. Ideas, not investing / trading advice.
Trade closed manually:
Bad market timing on this one. Bailed out 20 minutes into trading day as it was dropping like a rock. sold @ 20.23. Reasonable loss. Back on watch list.

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