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Ronin_trader
Oct 11, 2023 12:10 AM

STRA LONG - OCT Long

Strategic Education, Inc.NASDAQ

Description

In Oct when the broad market fell, STRA held within it's compression area and did not break support. This builds to my hypothesis that this breakout is lasting

7.12% Risk position of 77.67 is 50% of the compression area

- H1 SPX is showing a clear bullish trend
- D1 SPX is showing strong bullish candles
- D1 STRA is showing a strong bullish breakout

Need to work on
- Scale up strategy
- SL movement

Trade closed: target reached

Finally a Win at +7% :)
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