-$4 Loss
MRNSLong Stock
konradengen

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.

000

DatePrice
Entry9/27/20175.76
Exit9/27/20175.68
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