Get in at the trigger price, 9 EMA bounce or VWAP bounce. Once target price is reached, if VWAP hasn't crossed the 9 EMA I'll raise my stop without exiting. I'll be quick to take my profits once VWAP starts moving inwards towards the 9 EMA.
This one is one of Tim West's findings. After exhaustive technical analysis on my part, I noticed we had a great chance to enter right at the start of a quarterly rally in the stock, so I took the plunge recently, ahead of earnings, at 8.87. I reduced my position to 3%, down from 13% to book some profit and in case we get a dip to add back to longs. I did swap...
OSUR is an earning winner (+40%), it's making higher highs and higher lows. Now it's in a corrective phase, but at the end of this correction i'm expecting one more wave up. A strong breakout of the rising trendline invalidates this setup. Potential gain over 30%.
Nice bull flag and intraday hammer.