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WadeYendall
Nov 1, 2021 2:15 PM

SI breakout watch Long

Description

Liking the look of SI here. Post earning positive reactions at ATH. A hold above the box and breakout is what I'm looking for. Trade dead if price falls back below the box. Targets = ATH and then fib extensions.

Comment

Trade active. Will take some off at ATH 185/186.

Comment

T1 hit... Second order set for 205

Comment

Given the velocity of the move I will trim again at 198 and then 205. Trailing stops now.

Comment

Tapped 198 on the open but I didn't get filled. Still looks strong. 9.6% short float so this could really go so I have raised my target price to 205 again then 232.

Comment

205 hit. Still targeting 232 for the last bit.

Comment

FYI Stops are at breakeven now to protect against downside move from FOMC.

Comment

Out for now but watching for a continuation break above 233.
Comments
Breakout_Charting
Got out of this at 220, what a great 2 day trade from 163 to 220!
WadeYendall
@mattbeauregard74, Nice!
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