Strong first 2 bars followed by consolidation on low volume forming a cup and handle pattern. Entered on the break of the pattern. There was volume increase on breakout. Took partial at $39.90. After the strong breakout on volume, there were chances that it would reach 50% FE. So I moved my SL to BE to give price some room to retrace.
2 comments:
Covered it, short? Pos news on LVS sent roulette wheel turning. Good trade. Alot of China stocks rallied from the open: hot group
Sold it :) Corrected on the blog. Adding some Chinese stocks to my daily watchlist. Hope you had a good trading day.
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