$CFLT Inside Day Looks Bullish for the Watch List

As you can see on my chart $CFLT has broken out of the short term downtrend line. It had a bit of a retest today, but so did the indices. This pullback might be a great entry opportunity. I'll be keeping a close eye on this one as the RS Line is also pointing higher (with a trail off today). I'll be looking for an entry in the next few days. Maybe tomorrow if all looks good. Ideas, not investing / trading advice.

As usual, feedback and comments are welcome.

Dagangan aktif:

Opened a 1/3 size position @ 76.52 Stop will be a close under the 50 DMA. Smaller position because we are under that line of resistance. However, risk is well defined and close by. Let's see what happens.

Dagangan ditutup secara manual:

1/3 Closed this trade mid-day @ 71.79 as it appeared as though it would close under the 50 DMA, which it did. I was going to try and hold until end of day but it well below the 50 MA, glad on this one I didn't wait. Still lost more than I thought I might.