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Was hoping for a small swing trade on the reversal of CATB, didn't get it. Wanted to move on to other plays. Basically a scratch, PDT restriction uplifted on April 6th. Ready to see if all the studying Ive been able to do has paid off.
$ROX recently got a contract with Walmart. Major reason for the spike to $1.45 in the recent past. Due to profit taking it came back down slightly below a $1 and used the 200 Weekly Moving Average as support. Would like to have held longer but decided to take profits here at $1.20 to free up capital. $ROX is certainly on my radar with $1.25 being a key resistance level in my eyes. I think this stock will have good earnings and may run up between now and then and thereafter.
I cut losses at the bottom of this pattern and it ran back up. I would have had a nice profit had I trusted the pattern more. I need to work on patience and trusting myself when my plan is still intact. .75 was my risk level as you can see I cut just above and that level HELD. LOL.
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