Posted by mrjasongill on 21st of Jul 2020 at 11:45 am
MOBL on shorter time frames looks like a rising wedge with
divergence on RSI. I'm gonna sell my position or at least
half I think. What were you guys targeting on the upside on
this trade? $6.20ish or something? I need help with
trade management. I sold too early on some of the stocks that
did well past few days. I didn't want to hold over the
weekend but i guess i should have!
Posted by mrjasongill on 21st of Jul 2020 at 12:15 pm
Thanks Steve, I forgot I had a resistance line around
$6...there's a gap back when they had bad earnings in November.
You can see the divergence on the 5 minute. I sold half
my position.
WWSD - What would Steve do?
big follow through on MOBL
Posted by matt on 21st of Jul 2020 at 11:02 am
MOBL - Chart Link-
MOBL on shorter time frames
Posted by mrjasongill on 21st of Jul 2020 at 11:45 am
MOBL on shorter time frames looks like a rising wedge with divergence on RSI. I'm gonna sell my position or at least half I think. What were you guys targeting on the upside on this trade? $6.20ish or something? I need help with trade management. I sold too early on some of the stocks that did well past few days. I didn't want to hold over the weekend but i guess i should have!
After 3 big daily candles
Posted by steve on 21st of Jul 2020 at 11:49 am
After 3 big daily candles prudent to trim when combined with some negative divergence intraday
Thanks Steve, I forgot I
Posted by mrjasongill on 21st of Jul 2020 at 12:15 pm
Thanks Steve, I forgot I had a resistance line around $6...there's a gap back when they had bad earnings in November. You can see the divergence on the 5 minute. I sold half my position. WWSD - What would Steve do?
What's important is that you
Posted by steve on 21st of Jul 2020 at 12:19 pm
What's important is that you follow YOUR PLAN - don't be concerned about others and being perfect (we are not). Nice trade
I gotcha, just looking for
Posted by mrjasongill on 21st of Jul 2020 at 12:56 pm
I gotcha, just looking for some guidance on figuring out my plan.
Jason, Steve would tell you
Posted by craigm on 21st of Jul 2020 at 12:17 pm
Jason, Steve would tell you to trade your plan :-)