Bought put when stock was $24.90 and sold it when stock was $21.39. Steady rising chart with signs of reversal. I have bought put option with almost a month until expire so i gave the stock enough time to retrace. I only paid $110 of premium so i was willing to loose it all. Eventually stock started with the downtrend and it reached my profit target around $21.
Entry comments: Chart. News. RSI 72, EMA4 @ 17.69. Risk EMA4. TGT 20's. Closed .26 above EMA4 previous day. Closed above VWAP by .43, dolji green hammer candle, above EMA4 by 1.01. consolidating. 7 May, RSI 79, EMA4 @ 18.78 which is new Risk, closed .63 above EMA4.
Exit comments: This one is confusing cause STT yearly/daily charts were off by a day & sometimes 2. Entry notes were taken from data seen on STT & entry day is minus 1. Data for notes were taken from Stockcharts.com. Arrows were off due to me looking at days on STT, using data from Stockcharts & not realizing days off. Exit was Limit/Sell order executed cause TGT was hit. Can't change arrows cause STT subscription ended and not renewing until I get a real account.