FlintLD

I added roughly 300 shares to my CLRB position. The chart is holding the 13ema and 50sma on a month chart which is what ive been basing this trade off of. Its making slightly higher lows along the uptrending 13ema. As long as it keeps moving higher I’ll hold. Its also announced two press releases that the company will be speaking at two conferences with investors present next week. The chart has SHIT for liquidity and volume right now which is KILLING me. It needs a solid 800k shares to trade. My risk is totally crap. Id be sitting I'm a much better position if i had managed risk better along my indicators to begin with. Its a lesson for me. It really needs to break and hold 3.03.

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FlintLD

I’m still holding my position. Like ive said so far its been a stressful trade. I should have sold at the 3.03 level but ive been holding because the cahrt hasn’t closed below the 13ems or 50sma on a 1 month chart. I see this as potential consolidation leading into a possible move higher to 3.5-4. Today the 13ema and 50sma were converging and the chart used the convergence point as a base slowly rising above multiday highs of 2.9. This is the first green day which shows potential trend change. It’s a Friday, there could be news over the weekend but nothing to hint at possible news. The volume was weak which is going against me. Immediately after close (2.87) the price shot to 3 level (aftermarket). This is positive if it can hold. The previous major increase was from a close at 3.03. Its possible to see this again.

JamieRod
JamieRod Sep 16, 16 4:15 PM

wow you're still holding....! hope it works!

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JamieRod

Happy Fourth Everyone... I made three losing trades prior to finding Timothy Sykes and now since just starting to study I see why I made my mistakes and all that I still need to learn... Just Sayin' :-)

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