$LAC
I was wanting to do this right away today but it jump too fast so hoping for a small pull back.
Double bottom bounce
Consolidation
Pennant formation
Bounce off the 200SMA.
Supported by a 180 day trend
Price channel.
Let’s see what happens!
“I’m not an expert but I have watched a lot of youtube videos.”
LAC
I was wanting to do this right away today but it jump too fast so hoping for a small pull back.
Double bottom bounce
Consolidation
Pennant formation
Bounce off the 200SMA.
Supported by a 180 day trend
Price channel.
Let’s see what happens!
“I’m not an expert but I have watched a lot of youtube videos.”
LAC
Comment:
I left out probably the most important detail... it broke through the 20, 50, and 200 sma.
Comment:
Sold when it didn't break through the trend line. Looking to re-enter if it returns above the 20 day EMA.
Comment:
1,2,1,2 channel formation... looking to jump back in.
Trade closed: target reached