I bought my position today
The reasons:
1. Low-risk entry
2. The stock has a classic double-bottom pattern
3. The second leg (Y) undercuts the first (W)
4. It has the handle offering the low-risk pivot area
5. Brokeout with huge volume
The reasons:
1. Low-risk entry
2. The stock has a classic double-bottom pattern
3. The second leg (Y) undercuts the first (W)
4. It has the handle offering the low-risk pivot area
5. Brokeout with huge volume
Trade closed: stop reached:
I cut my position today at breakeven.
Trade closed: 03.01.2023
Trade closed: 03.01.2023