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tombro
The one screwup is that I never "entered" a stop although 1st stop would've been around either 22.19 or 21.99. The latter is the more proper stop, but I like tight stops and if it even got down close to 21.99 it would seem to still be in consolidation mode. The higher lowers made it seem like it was ready to go.
Setup:Flat top Breakout. DGLY was tapping on high of day as the 9ema was coming closer, and range of 5 min bars were getting tighter, with higher lows. Also the bars were not wicking up like the 10:45 and 10:50 bars
Where are EMA's:Near 9ema, 20 is below
EMA's-Direction & details: steeply coming up from below
Time Frame Alignment:near 90 day highs,just broke over yesterdays highs
Volume:4.9m
Market action-Spy-Sectors-stock:
Stop: Forgot to set but would've been 22.19 or 21.99
Target: 1st partial 23.18, 2nd partial 23.68 closed trade at 22.86 ... I had to leave.
R/R: 32/67 or 52/67 final 96/219 or 156/219
Are Stop/Target proper: 21.19 may've been too tite.
Execution detail:
Comments
tombro
Thanks! solid proof your input is working
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