The reasons: 1. Low-risk pivot point 2. A quintessential VCP setup 3. The stock has very tight and crisp buy point 4. Volume dries up as indication of less supply coming to the market 5. The stock closes good after the breakout today 6. High relative strength
I bought it perfectly today, and the stock immediately explode. I've moved my stop to breakeven now.
Trade active
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I nailed half into strength at +30% profit yesterday, March 30, 2023.
Trade active
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I nailed another half into strength at +61% profit today, March 30, 2023.
Trade active
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I nailed another half into strength at +94% profit today, April 2, 2023. I'm letting my last position to freeroll now.
Trade closed: target reached
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The stock hit my last position at a trailing stop for a +30% profit today.