Looks like its trending up I'm going to step in slowly on this one and have a wider stop,
Price entry was 15.75 taking a 1% loss at 14.25, my plan is to add shares and move my stop if it breaks out past 16.5 I'll add and move my stop loss closer to the resistance which will be at $16.
Currently holding a small position but looks like it could continue. Its low float so it might work out well. Good earnings pushed it higher.
If it holds the trend line I'm staying in the trade I'll continue adding while taking profits.
Price entry was 15.75 taking a 1% loss at 14.25, my plan is to add shares and move my stop if it breaks out past 16.5 I'll add and move my stop loss closer to the resistance which will be at $16.
Currently holding a small position but looks like it could continue. Its low float so it might work out well. Good earnings pushed it higher.
If it holds the trend line I'm staying in the trade I'll continue adding while taking profits.
Commentaire:
Closed trade early as I lost my other 4 trades so I'm holding off a week and planning a bit better