Yes KDMN never even breached the trendline but more importantly
what was your trigger for entry in the first place and stop.
If stopped then why not rebuy above yesterday's high?
Posted by frtaylor on 23rd of Jun 2020 at 02:49 pm
I bought a starter position within the pattern at the break of
the hammer candle that formed on June 16th. Whenever I do that I
take a small enough position that essentially I don't care if I get
stopped out. My stop was 4.38, should have been 4.35 to be a couple
cents below the wicks formed on the 15th and 16th. In any
event it was a very, very small position and doesn't matter to
me.
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Yes KDMN never even breached
KDMN - add this one to growing list of watchlist ...
Posted by steve on 23rd of Jun 2020 at 02:30 pm
Yes KDMN never even breached the trendline but more importantly what was your trigger for entry in the first place and stop. If stopped then why not rebuy above yesterday's high?
I bought a starter position
Posted by frtaylor on 23rd of Jun 2020 at 02:49 pm
I bought a starter position within the pattern at the break of the hammer candle that formed on June 16th. Whenever I do that I take a small enough position that essentially I don't care if I get stopped out. My stop was 4.38, should have been 4.35 to be a couple cents below the wicks formed on the 15th and 16th. In any event it was a very, very small position and doesn't matter to me.