Trade Update: DIG

I took a small position in DIG today at $30.45. I usually don’t like to buy big gaps down, but it has entered my initial buy zone and offers a good risk ratio for easy trade management.

As noted when I took profits yesterday at resistance, a pullback and retest of lows is to be expected.

As with all my trades of late, position size is small and stop is in place. There is a risk that the pullback becomes another bear leg down. Thus, I’m not willing to take a big position.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at

Up ↑

%d bloggers like this: