$11 Profit
MMSILong Stock
ScottB

Entry comments: Swing. Swing Trade alert. Did well on earnings 5 days ago causing a gap up, then created a bull flag for 4 days, then B/O on day 5. All MAs are stacked as well; 5, 10, 20, 50, 200. Took small position to start then will build until TGT as well as moving risk up. 1st buy 5@83.78, near close as it was a VWAP hold HOD play; risk key SPT 82.87, TGT 86 which would be a new 52 wk & entry was a near a new 52 wk. 2d buy 5@84.7 as it came close to closing green & moved risk up to 83.20. Ave: 84.24.

Exit comments: Cut early because it wore me out moving so slowly. I don't have enough $$ to sustain bigger $ stocks to swing longer. Not going to do this again, unless it's a quicker move. Good read though, but also think TGT was too high.

000

Broker:Fidelity
DatePrice
Entry5/4/202384.24
Exit5/10/202385.38
  • Total Views25
  • Position Size10
  • Percentage1.35%

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