LNTH Power Play gets tight and offers entry

LNTH Power Play(High tight Flag) gets tight and offers entry. It has a nice shakeout that helps the pattern because it was wedging. This is a very competitive industry with low margins but the price action is very powerful so giving the benefit of the doubt.

Kommentera:

Moving Stop loss to 59.80; trailing the 50 DMA

Kommentera:

Moving stop to break even

Trade stängt manuellt:

Many of my positions acted very poorly today and been getting stopped out. Had to sell many positions today to finance the hits the portfolio has been taking. Exited @71.95

Handel aktiv:

Closed all my positions and re-bought LNTH. Is the one I have more conviction on.
Bought 221.0289 Shares @72.44
16K (3.09% Portfolio Weigh) Ill try to regain traction with this as I think this was one of the first potential leaders to break out of the bear market lows.

Kommentera:

Closed trade. Back to cash. No progress at all on my attempts. Flat on my account. Will try to build from here again.

Trade stängt manuellt