Originally missed my entry , but just took advantage of a small little sell off to get in around nearly the same price as the signal day on Jan 23rd .
I like how we are sitting on MNST's GLB line and we are consolidating right at its highs in a TTR , stock is in BOM ( breakout mode ) but could go both ways , up or down , also could just go sideways an maybe stop out all the weak holders like me . But we do have that RS shining strong , I would like to say that puts the odds in my favor enough for an upside breakout .
This is not a TTs candidate no 2/2 gaps , yet still looks like it has potential to me . In this case I was able to put my stop just under the GLB as well as under the signal day , so I'm happy with the management end , not lets see if this short term oversold condition on low TF transmits to daily or if we do indeed see buyers come in to support .
I like how we are sitting on MNST's GLB line and we are consolidating right at its highs in a TTR , stock is in BOM ( breakout mode ) but could go both ways , up or down , also could just go sideways an maybe stop out all the weak holders like me . But we do have that RS shining strong , I would like to say that puts the odds in my favor enough for an upside breakout .
This is not a TTs candidate no 2/2 gaps , yet still looks like it has potential to me . In this case I was able to put my stop just under the GLB as well as under the signal day , so I'm happy with the management end , not lets see if this short term oversold condition on low TF transmits to daily or if we do indeed see buyers come in to support .
Trade closed: stop reached
艾力克~