Not sure what to call this pattern, so I guess it wasn't my pattern. It was a long term trade on a less than volatile stock. Trying it out, you know? I probably would have held longer, but my losses on UAVS and $BGFV made me want to take profits to break even - not ideal, but you know how it goes. Losses can definitely effect one's psychology and mess up one's strategies. Either way, I'm not inclined much to hold over weekends.
b/o of triangle pattern on 2nd day follow through, waited until 52-wk high was broken;. My alerts messed up so I caught this b/o fairly late. Ended up selling in chunks into strength (300 @ 1.67, 100 @ 1.68) held last 100 to see what would happen but it dipped and sold @ 1.60.
Was at work so wasn't able to watch this closely. Had my alert set for $1.30, but by the time I went to trade price was $1.32. So I put an order in and got filled. It shot up to $1.40 within an hour or two, so I put in a stop order at $1.35 to lock in profits. Price dropped and hit my stop some point during the day and sold my order. Was a triangle pattern play - my favorite.