KNDI has been an extended downtrend. But then broke out of that down trend on heavy volume. The next day It pulled back and then started to go back up. I used a type of fishhook entry here w/ a stop at LOD. I was disappointed with the close on Day 1. As it closed close to my stop.
Things got interesting on Day 2. For most of the day it sat around going nothing nearly stopping me out but I survived and the volume came in hard. I sold into strength and took a .8 gain on the trade.
Entry: 13.63
Exit 1 14.74
Exit 2 14.49
Total .8R
Summary
No comments:
Post a Comment