Text book breakout on a low priced name.
Had a stage 2 breakout on past July. Its been consolidating very nicely this year making a perfect vcp base with a constructive shakeout and a handle that just gave an entry.
AVG Cost: 7.14
Stop: 6.40
Position: 8K 1.5% of Portfolio.
Stop % Risk: 10.36%
Money Risk: 800 K--> Almost Full Positioning
Now overall exposure 19.42%
Had a stage 2 breakout on past July. Its been consolidating very nicely this year making a perfect vcp base with a constructive shakeout and a handle that just gave an entry.
AVG Cost: 7.14
Stop: 6.40
Position: 8K 1.5% of Portfolio.
Stop % Risk: 10.36%
Money Risk: 800 K--> Almost Full Positioning
Now overall exposure 19.42%
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.