MWIDE - ATH Breakout PLAY

-
$MWIDE - ATH Breakout

$MWIDE - Daily Chart - 04/16/2018 - ATH Breakout
$MWIDE - Monthly Chart
Port snap as of 04/16/2018 - The day I bought MWIDE
Reason for Buying:
  1. ATH Breakout
  2. 100%+ Volume Spike
  3. EMA20 > MA50 > MA100
Buy and Sell Transaction
Reason For Selling
  1. Failed to stay above 24. 
  2. Closed with an ugly solid red candle

Port snap - 05/03/2018 - No Stock position
Will rest for a while.. 😄

Comments

Post a Comment

Popular posts from this blog

VITA - MYH Breakout - Momentum PLAY

-
Image
VITA - MYH Breakout - Momentum PLAY. +33% in 3 days, -3% in 6 days VITA$ I bought $VITA shares EOD (bid at Pre-Run-off) at 2.99 pesos. Technically it's not yet a breakout because it didn't close above 3 pesos but I still chose to BUY it. Why? Reasons for Buying: Price closed near MYH of 3 pesos with a Momentum Candle. Solid closing.  Price > EMA20 > MA50 > MA100 (AOTS) Volume Spike One of the most active stock of the day The above list is enough already to convinced me that this is tradable. $VITA Daily Chart 04/17/2018 Closing Daily Chart - Zoomed in - Momentum Port snap as of Apr 17, 2018 - the day I bought $VITA Weekly Chart - Zoomed out - About to break MYH of 3 pesos The next resistance here is 4 pesos (whole number) which is also near the Fib Golden ratio (1.618%). My stoploss here is at 2.65 (Apr17 OPEN) and the TP1 at 4 pesos which gave me R:R ratio of 3. As usual, part of my risk management, the number of share...
Read more

MAH Failed Ceiling

-
Image
Reviewing my shit I should have sold $MAH at around 4 pesos during the huge sell down, but I didn't! I waited till the last minute for a "hope" that someone will buy it up so that I can sell higher. I missed a 16% gain and sold it at only 3% profit.
Read more