4/9/26 - PHAT: new BUY mechanical trading signal

Apr 10

4/9/26 - PHAT: new BUY signal chosen by a rules based, mechanical trading system.

PHAT - BUY
Stop Loss @ 10.00
Entry BUY @ 12.64
Target Profit @ 16.85


Analysis:

Higher timeframe: Prices have stayed above the lower channel line of the ATR (Average True Range) Keltner Channel and reversed.

Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3/2B BUY pattern...where the current lowest bottom breakout price is greater or only slightly peaking lower than the preceding bottom price

Apr 30

Trade closed: stop reached

Had to close this trade because the stop was hit

May 1

Note

I still think this trade will succeed but I'm being disciplined and honoring my stops