jaxdog

$OLO High Tight Flag (HTF) Breaking Downtrend

Long
jaxdog Mis à jour   
NYSE:OLO   Olo Inc.
$OLO looks like but is not a HTF. I'm treating it like it is. To qualify it should rise over 100% or more and pullback no more than 20%. Once again, it has the essence of the HTF so I'm playing it with an early entry as it breaks the short term downtrend line.
My stop is very tight at around $1.00 below entry (Around because it depends on how it acts, if fast drop $1.00 for sure if slow pullback may give it a little more room.). It either goes or I'm out.
Ideas, not investing / trading advice.
Trade fermée: ordre d’arrêt atteint:
False break-out on high risk early entry.

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