
Bought in the morning when it was holding above the b/o level. Thesis was that it could run to at least 6, and I wanted to ride the uptrend, while moving the risk up. Problem w/ this trade was that the base was too far away from the breakout level, so when it broke it was already up 10+% on the day. Lesson: Look for the base to be close to the highs, so that when the stock breaks out it's just up a couple percent on the day.
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 9/27/2017 | 5.76 |
| Exit | 9/27/2017 | 5.68 |
- Total Views107
- Position Size50
- Percentage-1.39%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
