Recent IPO. "ESAB Corporation Completes Separation From Enovis and Launches as an Independent, Publicly Traded Company" Breakout from a cheat area an IPO Base with VCP characteristics. AVG: 50.59 Stop 48.50 Risk: 4.13% Position Size: 8K Overall Exposure: 16.80% Still very conservative, summing pilot positions one day at a time while trying to create cushion.
Trade closed: stop reached
⋅
Stopped out on the next day. Back to 21% exposure. Portfolio is doing very good today even tho I got stopped out of this and market y down almost 2%. Still not aggressive but that's good feedback on the stock selection.