Today was a bad call from yesterday’s game plan. So far no signs of life. I was expecting a move towards $12.00, but it went the other way.
Today was a good call from yesterday’s game plan. Just as predicted, it fell through the bottom of the channel and went to a low of $11.04, pretty close to $11.00. It made a nice come back to close relatively strong at $11.44. However, I did use that closing strength to sell about 40% of my position.Weekly Scorecard
|I sold 40% of my position this week which changes my cost.|
Today was a good call from yesterday’s game plan. The call was right, it was an awful day of continued weakness. It fell out the channel and has now made a series of lower highs and lower lows. The only reason I’m still here is because the volume declined a good bit.
Today was a good call from yesterday’s game plan. I was hoping it would be a bigger move up, but we did end the week with a nice hammer. The sign of strength I was looking for.Weekly Scorecard
|I think my target was too aggressive and I missed a long legged doji sign of the trend reversing. As a result I held the trade thinking I would get my target this week and instead, per the doji, the trend reversed and I got stuck in the pullback. However, the pullback was low weekly volume so I don't think it was very significant. Maybe just a low volume test of supply.|