I bought my positions today
July 10, 2023
The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after an IPO
3. Tight pivot level/line of the least resistance
4. High relative strength stock
5. Volume dries up before the breakout, a 1-2 punch.
The flaws:
1. The general market is still in correction
2. Most individual setups I personally trade don't work out well in the last two months
The stock closes good and strong on the breakout. I want to see some constructive action in the upcoming days.
July 10, 2023
The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after an IPO
3. Tight pivot level/line of the least resistance
4. High relative strength stock
5. Volume dries up before the breakout, a 1-2 punch.
The flaws:
1. The general market is still in correction
2. Most individual setups I personally trade don't work out well in the last two months
The stock closes good and strong on the breakout. I want to see some constructive action in the upcoming days.
Trade active:
I reduced my position into half at -1.8% loss, today.
Trade active:
I reduced some positions today at breakeven.
Trade closed: target reached:
I sold my entire position today at a +3.3% gain, resulting in a breakeven on this trade.
Trade closed: August 8, 2023
Trade closed: August 8, 2023