Trade: TXI

I bought 300 shares of TXI at $31.50, as my limit buy order was hit this morning. This is a manageable low risk trade in a good setup that offers strong price and volume support. The setup is both a bottoming and breakout-pullback setup.

If the market tanks, my stop wil likely be hit for a small loss. If it doesn’t, I would expect a retest of the recent highs.