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$OLLI Is This Breakout Real?

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looks like it has broken out with both higher low and a higher high. This may be entering an early stage 2 which is where you want to be. I am already long this position and will be adding if we can make yet another higher high then another higher low. TBD. See chart for analysis. Ideas, not investing / trading advice. If you make a trade in this, make it your own according to your rules.

Nota

"will be adding if we can make yet another higher high then another higher low" should read if it goes on to make yet another higher LOW. (It's already made a higher high and I don't want the next pullback to end up going lower than the last low.)

Dagangan aktif

6/16 Opened this position starting with a 1/2 size @ 58.30. I added today 6/21 @ 59.43 to bring it up to a full position. I'll give this some room with a stop just under what is now an area of support(?) which seems to be right at the 8 ema too. Let's see what happens.

Nota

6/21 Closed entire position @ 59.80 as it started to weakening into the last hour of trading. I'll be looking to get back in, just don't trust this market.

jaxdog

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.

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