tsx_trader

TRIP Long

Long
tsx_trader Updated   
CSE:TRIP   RED LIGHT HOLLAND CORP.
Trip seems to be picking up steam and reversing direction to the upside.

I am in the trade at Avg. price .30

My targets are going to depend on volume and how it moves, 1/3rd at first target and 1/3rd at second target if I think it will reach there, the remainder will be held long or until a confirmed reversal to the down side.
Comment:
First target reached.
Comment:
.41 becomes the new support level. We are still moving with velocity! volume higher day by day over the last 4 days. Wont be surprised if we move sideways for a bit, but I am looking at hopeful a break above ATH this week or next week.
Comment:
One of my favourite trades in a while. I had trimmed a 1/3rd my position and I regret it now. But that's part of being disciplined.

Today moved up significantly in big part because of overly Bullish conditions at market open. And with TRIP, this was maintained throughout.

This is at 99% up in 5 days. But I'll keep watching it closely for signs that its losing steam. Otherwise, I am still in the trade for now!
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