GNRC Trade on Nov 22, 2019 11:17 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent ATH.
- TTM Squeeze: Daily
- Earnings Date: 1/30-

Reason For Entry:
- Playing the Daily chart. GNRC is in a pattern of consolidation below recent ATH. It is honoring the 21ema and in an uptrend. The TTM is in a squeeze on the Daily chart. GNRC pulled back and entered my buy zone (between the 21ema and 8ema). Entered for a small size position (as the market is very extended) at 1/6 size of a full position. Will look to add to the position if the opportunity comes.
Reason For Exit:
- Out full position (1 contract) at the new high resistance level.

Recap:
- Nice entry between the 8ema and 21ema. Nice exit at the resistance new high level (would have taken half off here and other half at the 127.2% fib extension level had I had a bigger position). This was a great trade and followed all my rules.