Small gain
Small loss
Quick loss
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.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
