The why I bought the stock: 1. Low-risk entry 2. Long base Cup and handle pattern 3. A decent reported earnings 4. High relative strength 5. The stock has VCP characteristics.
Trade active
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If it can pause for at least a day or two below the 1555 level, I'll consider pyramiding up my position.
Trade closed: stop reached
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I add to my position in the morning. Then near the closing day, I get out of my entire position due to bearish engulfing for a -4.5% loss.