WGO Trade on Nov 12, 2019 14:49 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent high.
- TTM Squeeze: 195m
- Earnings Date: 1/22-

Reason For Entry:-
- Playing the 195m chart, WGO is in a pattern of consolidation below recent highs. It is in a 195m TTM squeeze and holding a nice trend over the 21ema. It has a 14.5% short float. Entered the trade at a 1/2 position size. Nice risk to reward with a defined stopping point.
- 11/15 added another 1/2 position (now a full position) as price entered my buy zone just above the bottom Bollinger band and my stop level. Price bounced and the trade is still valid.
Reason For Exit:
- 11/27 reducing risk and sold half position. Price looks very weak and is sitting in my stop out area with big volume.
- 12/2 closed the remainder of the position as the trend is confirmed broken and TTM fired short.

Recap:
- Correct entry and valid setup. Reduced risk and closed position at the stop point as price looked weak. Closed the remainder of the position as the trend was broken and TTM fired short. Followed my rules on this one.