Assuming we close above the cloud (almost certain) then today is a perfect entry to catch a 2-3% pop over the next day or two. On FSLR, this entry strategy has historically yielded a win 69% of the time with an average value of 2.73%.
Trade active:
currently down 2% on this trade so far. Plan is to let it run until any of these triggers:
-price is down 3% from entry day close
-any of the 4 entry criteria become invalidated
-we have been in the trade 5 days
-I decide to bail on it
I believe there is still a pop in the offing at this time.
-price is down 3% from entry day close
-any of the 4 entry criteria become invalidated
-we have been in the trade 5 days
-I decide to bail on it
I believe there is still a pop in the offing at this time.
