
SOGO had a 17% B/O minutes before the market opened and began to consolidate at the high of day. I bought into consolidation with hopes of a Bull Flag Pattern and another breakout. However, the company had a buyout offer from TenCent at $9 which indicated that the price would likely trade at or around the current price. I got out after learning this information with a small gain and to focus on other plays.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 7/27/2020 | 8.325 |
| Exit | 7/27/2020 | 8.39 |
- Total Views124
- Position Size120
- Percentage0.78%
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