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ItsAllGoingToPlan
Mar 30, 2021 1:39 PM

GPK Breakout Trade Long

Graphic Packaging Holding CompanyNYSE

Description

GPK Breakoing out.
Low risk trade.
Double Bottom "W" Pattern continuation with a Flag.

Trade active

GPK still looks good.
Moving Stop to 17.50 to give it room to breathe. I am breaking a rule by doing this, however, it is not a full risk position and the new stop is still within risk management rules. I think the initial stop was too tight.

Trade active

Moved Stop Back to 17.89 :)

Trade closed: stop reached

Stopped out 17.88
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