
Entry comments: The downtrending daily chart started Jan 7th with a lower low on Jan 22nd. It broke that downtrend on Feb 14th. I dialed in on the 15 min chart to see how it was reacting to that level. Risking the break of that trend around $108.55 with an upside of the new trend continuing to $122, $125, and $130. Risking $2 per share / Reward $12, $15, $20 per share.
Exit comments: Dell had news on an earnings call and presented less than expected revenue than analyst thought which is why this failed. Next time need to check if an earnings call is coming up before making a trade. Live and learn from this. Broke a rule but I followed my trade plan and got out where I wanted. Happy about that. Bring out the positive in everything and anything.
| Date | Price | |
|---|---|---|
| Entry | 2/25/2025 | 110.90 |
| Exit | 2/27/2025 | 108.61 |
- Total Views31
- Position Size5
- Percentage-2.06%