Market bought first position at .1888
Additional buys below marked (green). TP .232 (red)
Capturing 22% move if low is in. If all orders fill - potential for 40% roi. Short term trade only. This is in addition to longer term swing trade. Stopping out of short term trade if pennant lows fail to hold (discretionary stop)
Additional buys below marked (green). TP .232 (red)
Capturing 22% move if low is in. If all orders fill - potential for 40% roi. Short term trade only. This is in addition to longer term swing trade. Stopping out of short term trade if pennant lows fail to hold (discretionary stop)
Comment:
Large buys hit in the .168-.16 area. If price drops and looks good for a rebound I am holding enough in reserve to increase position by an additional 50%, but satisfied if lower area does not present an opportunity. Targeting a return to the highs. If price drops below .15 I will be looking at a quick exit from this short term position and look to add to long term hold on a return to .12-.11 or a return to the range above .15 and signs of accumulation there.
