I missed my entry on this one on September 15 after it's confirmation of bouncing off the 50 day. I'm hoping for a drop and reverse tomorrow ( meaning it drops below today's low and then reverses and moves higher). If that happens I'll take a small position when it moves back over today's low (will be yesterday's low tomorrow). If it does not drop and reverse, I'll wait for it to move over today's high around $168.13. All TBD and also based on a good market and higher buying volume. Ideas, Not investing / trading advice.
Trade active:
on Friday 9/18 I opened a 1/2 position as it bounced off the 50 day line. My entry $162.30. I have not added today (Monday, 9/21) even though it's very strong because the market is weak. If the overall market firms I will likely look to add to the position.
Comment:
9/21 - Even though this was only a 1/2 position I took 1/3 of that off selling some into the strength late in the day. What a monster move today! I'll look to add those shares back and more on any pullback... if there is one.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.