-$12 Loss
BACLong Stock
Spencerbmatt

Entry comments: Main reasons behind the why was a breakout on the daily and nice uptrend continuing with that breakout. The uptrend was forming with higher lows starting Dec 23rd. Entry on Feb 13th at $46.22 where it has hit this level a few times and wanted to be a part of this potential uptrend. Used the 15 min chart to make my entry when it broke out at $46.17 and started basing at that $46.22. Risking the break of the trend at $45.07. Reward is back to that breakout of $48.

Exit comments: Broke the upward trend to the downside on the 19th and continued the next day. I guess the breakout of $48 was not convincing enough. I traded my plan which I am happy about.

000

Broker:ETrade
DatePrice
Entry2/13/202546.22
Exit2/20/202545.07
  • Total Views20
  • Position Size10
  • Percentage-2.49%

Charts

Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Join now or log in to leave a comment