SWBI massive W with upside targets shown on chart

99% of my portfolio is in on this one, call me biased. The real fun would be had in writing calls...

Kommentera:

1. removed 50% before election, ended up being the right move.
2. not abandoning remaining position just yet.
3. the theory of selling calls as a hedge would have been pretty nice after the sudden 10%+ drop

Trade stängt manuellt:

Sometimes things change. Re evaluating portfolio.

Kommentera:

Lol

Kommentera:

(idea validated)

(when to get out?)

The yellow channel is the breakout I was looking for, as for knowing when to get out? Following the 10&20 EMA strategy and looking for crosses near the bottom of the channel for sell signals, but only exiting when the price actually breaks the bottom of the channel as it did in my idea published here