Had HSOL on my watch list for a flag b/o on the daily chart. Never broke flag and broke down all the way to lower trendline of flag. Reversed trend when it found support at $5.30 from previous day low. Entered trade when it crossed the 9EMA at $5.35 and Stop at $5.30. Sold half at $5.45 and moved Stop to $5.40 where I got stopped out eventually.
Execution detail:
Great bounce play entry.
Good job
Beautiful entry and first sell my friend!
Charles: Just wanted to take extra gains.
yeah I have been doing the same thing.. wanting the extra gains.. but then I look at mine, like this one, and had I not sold the rest at the higher stop then it would have turned back up and I would have made even more! I can't figure out if there is a right way to look at selling above your buy price or if its just a pick and choose or how you feel that day kind of scenario.
solars much better on dips i like that type of play in a momo stock
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what was the rationale behind the 5.40 stop as opposed to your buy price?