I entered GS today. Nice triangle pattern formed post trend breakout. Nice volume within triangle as well.
I entered BA today post breakout from a triangle pattern. The stock seems to be forming a Tight Flag post breakout.I am also short IOC, SPY and RL
UYG Setup and Trade
We still see a nice accumulation pattern. I took a position today within the triangle pattern. I have a tight stop in place in case the break is to the downside. Low risk, high reward.
Today’s Trade: GRMN
I bought 500 shares of GRMN at $105.25. I placed a buy order pre-market at the breakout point, which also marks a new high for the stock. The triangle pattern appealed to me, as well as the strong stochastic and volume readings. I will likely place my stop below the breakout point, with an intial... Continue Reading →