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Agilejro
Oct 12, 2017 6:05 PM

STMP clear Bull flag breakout occurring!  Long

Description

Solid base turn handle now breaking above trendline, long.

Comment

Need to show support at 211 and would be good add area, a break there on some volume and it will go back into the base building, one you could hold within the base but dead money and too much downside for me personally.

Comment

Bullish candle tody stay with it

Comment

Minu cup now breaking out above resistance, looks to go higher

Trade closed: stop reached

Breakout warning was there always remember earnings dates, in this case, it couldn't breakout pre-earnings and had few poor days prior but never can tell how a stock reacts after earnings, solid earnings but the breakout that was flagged is no longer here. It is now at support and could play trade of these levels.
Comments
Amit26
@Agilejro , In what time frame is this expected to reach 220 level again ?
Agilejro
@Amit26, I wouldn't be too concerned with time frame but as if now id want to see the reversal of trend from this fallout or if your trading I would be putting tight stop in at lows.
Amit26
@Agilejro, Thanks
Agilejro
@Amit26, Looking at it here, had great day its back to major support levels, so I would be curious in a trade that was around here with a max loss stop put in and ride it out from here.
Amit26
@Agilejro, I bought at 163
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