jaxdog

$NEWR Power Earnings Gap (PEG) Playing out?

Long
jaxdog Updated   
NYSE:NEWR   None
I've been watching this for about 2 months now looking for an entry. I missed it a few trading days ago but now it has pulled back and or MAs have caught up. I put on a starter position today. See notations on chart for reasons to open trade. Once it moves up and over the little shelf area it's building now, I'll look to add to my position or be stopped. Ideas, not investing / trading advice.
Trade closed manually:
I let this one run past the stop in "hopes" that it would recover on Monday 1/3... As usual, "hope" is not a strategy. Should have closed it on 12/31.

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