$50 Profit
ARLZLong Stock
ARLZ had been moving in an ascending triangle for multiple days. I purchased on the break of 1.90 with a PT of 2.02. With a large seller at 1.98, mental resistance at 2, weekly chart resistance at 2.05 and not as much volume as I was expecting, I decided to sell at 1.97. ARLZ touched 2.02 shortly after and dropped back near my entrance before rising to test 2.05.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 9/27/2017 | 1.92 |
| Exit | 9/27/2017 | 1.97 |
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