PRO Trade on Nov 13, 2019 14:20 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Downtrend, Consolidation below recent lows.
- TTM Squeeze: 195m
- Earnings Date: 1/23-

Reason For Entry:
- Playing the 195m chart, PRO is in a pattern of consolidation below recent lows. It is holding a nice trend below the 21ema. The markets are very extended and looking for a pullback which will add to the probability of PRO dropping lower to new lows. PRO entered my buy zone between the 21ema and the top Bollinger Band. Entered in a 1/3 size position. Nice risk to reward and will close the position on a close over $53.80.
- 11/14 added another 1/3 size position as price entered my buy zone and retraced back down towards the trend. The trade is still valid. I will add one more time if price raised one more time to the top Bollinger Band (my stop zone).
Reason For Exit:
- TTM Fired opposite of trend and the trend is now broken.

Recap:
- This trade was for a small loss. Nice first and second entry. Nice exit as I followed my rules as the TTM Fired opposite of the direction of the trend and the trend was broken and no longer valid. (I had a valid setup and it failed and closed the position..on to the next one)