JXMFinancial
Long

Looks good on so many levels

NASDAQ:VDSI   VASCO DATA SEC INTL INC
122 5 1
Needs to get on the other side of this TL and out of this consolidation
timwest PRO
2 years ago
I'd like to make this suggested, but it just needs some risk management inputs. Where do you exit at a loss? How confident are you that this will be a winning trade? What level would add to the position? How will you exit prior to the target? (I really like the chart pattern too, especially when it crosses into new highs.)
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JXMFinancial timwest
2 years ago
Sorry I strictly post these to stocktwits and they have limited characters.

Here is my stock report - http://charts.stocktwits.com/production/original_37942842.png?1433774296

For a trade, I entered on the break of the downtrend. I plan to add to position (stock) once we are out of the "box". My exit would be just to sell covered calls along the way as I really think this will print a 4 handle. If one was to trade, I would long the new ATH, and use the 2/17 tail as a stop. With 45% short and that volume bar, would be a great area for risk/reward
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JXMFinancial timwest
2 years ago
These were the levels I was referring to. The context was on a previous post only showing on stocktwits.

http://charts.stocktwits.com/production/original_37940952.png?1433773054

Its a breakdown on the HACK etf showing the summary from about 1200 calcs (algos)
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bklinec
2 years ago
Sir, you are truly amazing! I understand where Tim is coming from. Being a moderator he is looking out for the safety of the subscribers of TradingView. Tim l can only say one thing, when JXFMFinancial puts out an alert his are the ones l absolutely have the most confidence in, and the chart analysis that come with the alerts are very easy to understand. Risk management is a very personal and individual decision based on what type of trader you are. I don't agree that he needs include that. Thank you again, you have helped me to pay my bills this month!
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JXMFinancial bklinec
2 years ago
Thanks for the kind words. If you want more than just technical charts, follow me on stocktwits.

http://stocktwits.com/JayStrauss
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