The reasons: 1. Low-risk entry point 2. The stock is up >100% in less than 8 weeks 3. Corrected the least during the pause, less than 25% correction 4. Volume dries up as a sign of less supply coming to the market 5. High alpha moves with a low standard deviation 6. Power play on top of a power play
The flaw: Lack of volume on the breakout
I like to see the stock moves constructively in the upcoming days.
Trade active
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I sold half into strength at +21% profit today.
Trade active
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I sold another half into strength at +34% profit today.
Trade active
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I sold another half into strength at +53% profit today.
Trade closed: target reached
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I sold my last position on trailing stop at +56% profit today.