Half the battle for me is just getting my butt kicked but still showing up for another wallop the next time and the time after that too and so on . However , I strongly believe that its important to focus on re entry after getting stopped out as long as theme is still valid . Do you know your systems edge/expectancy and how many times it statistically can lose in...
This a weaker name right now compared to some others I took but I have been waiting for an entry and if it works the stop is tight so I can potentially de-risk it quickly . Also could be near am impulse area . Kind of on the fence with this one right now mostly just liked the do or die area that created a tight stop and tighter moves we are seeing last few days ...
Another stock that has performed pretty well against the market over the last 12 months but has had a decent 20% pullback to put it back into a better value area. Will be keeping an eye on it to look for a recovery.
i started a small pos on this one today.. well see if it holds.. really not expecting a whole lot this week.. but never know. not a great set up..
Strongly recommend to buy after breakout of trend, very strong fundamental. DCF is good. Free Cashflow is good and growing, PEG and PS is less than 1 PE and EPS is good. 500million Market cap with above 0% growth after so much decline. Strong Monthly and weekly support area. I will open leap call option on it. Debt to equity ratio has always been lower than .8...
After rallied to $29.30, $INSW pulled back and forming handle. For target price, it needs to break above $29.30.