I bought my positions today
February 24, 2023
The reasons:
1. Low-risk pivot point;
2. The stock is up >100% in less than 8 weeks;
3. Corrected the least during the pause, less than 25% correction;
4. Volume dries up as a sign of less supply coming to the market; and
5. It breakouts with huge volume.
This stock is more like a power play on top of a power play, a strong leader characteristic. Moreover, It is in its own cycle, marching to its own drummer.
February 24, 2023
The reasons:
1. Low-risk pivot point;
2. The stock is up >100% in less than 8 weeks;
3. Corrected the least during the pause, less than 25% correction;
4. Volume dries up as a sign of less supply coming to the market; and
5. It breakouts with huge volume.
This stock is more like a power play on top of a power play, a strong leader characteristic. Moreover, It is in its own cycle, marching to its own drummer.
Trade closed: target reached:
Today, I sold half into strength at +16% gains, another half at +19% gains.
Trade closed: February 28, 2023
Trade closed: February 28, 2023