POWR Update...Long--but watch for the pump fake

Since this correction, my POWR portfolio has taken a punch. They say don't trade corrections, but if you're in you're in. Out the market or in the market. With that said, my POWR position has been slightly more aggressive due to the riskiness I see in its chart. Initially I had a leading diagonal, followed by an ending diagonal (indecision, very wavy). You can also clearly see that POWR Ledger is still inclining. And that's going way back, to November 2017--before the correction. Assuming POWR trades technically, risk/reward doesn't even need putting on the chart.

Hence my Long position and slight aggression ;-)

--longmoney

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We've been here before

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Just a quick update on POWR. Watching how all this plays out. White horizontal line has no significance. Just wanting to see how POWR handles this slight push. I am not expecting much since we didn't see any volume during those slightly extended candles. My primary count, am favoring some more short term pullback and currently am looking for a more ideal position to add to my position.

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Update

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Save some cash and wait for ideal entry. The bears are slick

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Seems BTC and ETH have all the attention right now

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Just something I'm watching

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Trade closed: stop reached:

I'll revisit POWR later. Headache

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Last post. New Chart this week

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Trade closed manually:

New Chart