Shared by:
youngcb1_BOWS
I missed the pullback entry and chased this stock during my first entry. I scaled out during the first spike and once the stock dropped down past my entry I exited my position.
Entered the second time thinking the stock was ready to break range as it grinded higher. But it was still a late entry. The stock started to consolidate for a while before contesting resistance. Once it reached the 52.70 area I scaled out half my shares. The stock still struggled to break resistance so I exited my position before it dropped.
It took about 5 taps in order to break range.
Execution detail:
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