Thursday, November 7, 2019

BIDU +6%

Daily setup: gap above huge base
Entry/play: long above early 1m pennant
Management: based on $ available, I took one itm call. Then traded scared. Trailed stop, and eventually tightened enough for decent stop/limit.
Psychology: At first I regretted getting jerked out, but ndh didn't hold. It dropped back down to vwap. Much later it made another new high, but I don't mind being out before the flush. I got my piece.



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