Daily: Earnings Breakout
Intraday 1: Pennant Bull Flag 5 min. I really liked the formation of this setup, just didn't have the follow through. I was a little early, but this looked like it was holding the MAs and looked like it could pop. I was ready to add if it did.
Intraday 2: I kept watching it a let it consolidate a little more. It looked like it was making a higher low and going to bounce off the VWAP so I got in for another shot. It went sideways for a while and then broke down and I stopped out again. I don't regret either trade, just no follow through.
On this stock and the one before, I need to pay attention to the daily chart and what the daily range is like. This stock gapped way up, but the daily range isn't anything special. I also don't like how it gaps almost every day. The float was almost a billion as well. Something to keep in mind.
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