ISRG was my rescuer today. It sold off from the open like many other stocks today. 4th, 5th bar started the retracement on low volume. 6th was a red bar with very low volume. Entered a little below on the break of 6th bar with a target of 38.2% fibonacci extension drawn from PDH-PDL. It reached the target but with a lot of pain.
2 comments:
Thomas,
Wow! Good work and nice patience. Sometimes I just can't stay in that long, but you did great all the way to the 38% Fib Extension.
Tyler
Tyler,
I was frustrated with my CNX trade early in the morning and then entered ISRG. As soon as it moved a little in my direction, I moved my stop first to 0.5R and moved away from the computer only to come back later and move to break-even and stopped watching it. It reached the target FINALLY!
Thomas
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