With only a few hours left before the weekly close I find it interesting that price spiked my zone and is now trading back above that $0.75 level.
I gave a clear outline of what I was looking for going into next week, it seems one of those scenarios is playing out as I’m typing.
I placed a limit order at $0.72 and my stop is below that highlighted zone. I know this should give a few opportunities to long but this would be the cleanest of all of them.
Sometimes it takes more than one shot to get the entry but whatever results in the least amount of risk, I’m happy with.
This could be an intraday trade that could develop into a swing trade.
I gave a clear outline of what I was looking for going into next week, it seems one of those scenarios is playing out as I’m typing.
I placed a limit order at $0.72 and my stop is below that highlighted zone. I know this should give a few opportunities to long but this would be the cleanest of all of them.
Sometimes it takes more than one shot to get the entry but whatever results in the least amount of risk, I’m happy with.
This could be an intraday trade that could develop into a swing trade.
