MCK , LONG 🚂Choo Choo~

18 Okt 2022

Long MCK as my first chess piece in market re-entry from cash , I like MCK reminds me of a slow train climbing away inch by inch foot by foot . Market closed in GTM today per SPY...

Plan

Entry - 360.38
Stop Vs 21 ema
PT1 R1 , stop to half risk
PT2 R2 , stop same
HourWD - sell some
21 WD - out balance

*Caution will be exercised pre earnings ( Nov 01 AMC ) . Will see where trade is at that point and asses , if we chop sideways with no PT hits I will have to downsize to respect a gap down potential ..



Also eying up RYAN , LABU/XBI , and anything else pushing showing strength ....progressive exposure ...

22 Okt 2022

Nota

Pt 1 hit today , stop up ..

25 Okt 2022

Nota

pt 2 hit yesterday

31 Okt 2022

Nota

instead of an hourly WD to sell 1/4 I'm switching over to 65min so the final candle of the day is not only 30 min , 1 hour charts is flawed this way ... Learned that from Brian Shannon , smart man . :)

31 Okt 2022

Nota

Hourly would have gotten us out at eod of 1/4 of shares but instead 65min stayed above its 21ema so I decided to hold , it was close . Earnings tommorow amc too , but I have greater than a 7% Profit cushion so I can hold through EPS and this stage two they have a history of beating except for may..

Tomorrows another day ~

1 Nov 2022

Nota

WD on 65 min chart , but its early and its running into trend support , set a stop to exit 1/4 under LOC though ,will let the stock decide what's best for it .

2 Nov 2022

Nota

down to 1/4 of original play here , nice action today though .. good reaction to earnings

10 Nov 2022

Dagangan ditutup secara manual

closed under its ema's also one of the largest wide range bars of its stage 2 today , out .
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