Awesome trade. Thanks for the video. I watched this today because of your watchlist. I saw it quickly break 12.50 and run, but felt a buy would be chasing. How do you determine if you're chasing or not on a play like this?
Buying $1 above my entry level was really a chase. But the break out was $12.50 so I could justify the buy. As next resistance wasn't until around $16 I felt it had a long ways to run. But, also, got lucky.
Awesome trade. Thanks for the video. I watched this today because of your watchlist. I saw it quickly break 12.50 and run, but felt a buy would be chasing. How do you determine if you're chasing or not on a play like this?
well done Bob, :) thank you for your review
Buying $1 above my entry level was really a chase. But the break out was $12.50 so I could justify the buy. As next resistance wasn't until around $16 I felt it had a long ways to run. But, also, got lucky.
Thabks for the insight :)
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