@RoyLMattox There is a military saying about always do something when you're in a firefight, even retreat is fine - just don't freeze. This feels like a good day to do some retreating (selling). Always appreciate your posts, Roy.
Not sure how they expect these guys to go play regular season NHL games on Saturday after this.
Much, much respect for how much effort, energy and passion they’ve poured into this tournament.
That’s what’s made it so special.
The best in the world going all-out for pure pride.
Huge congrats to @JeffBezos and Blue Origin on reaching orbit on their first attempt with New Glenn! Forward to 2:32:45 to watch the launch.
https://t.co/IVSVQZLaVW
Three nice looking weekly charts going into next week if the market can find support:
$WGS (overhead supply > 18-24 months old, may be entering Stage 2 uptrend)
$RBLX (overhead supply > 18-24 months old, may be entering Stage 2 uptrend)
$GEV (recent IPO in hot industry)
For every great trade there are poor trades or poor stock action that shake you out.
Happened to me on $RKLB yesterday.
Post trade review: Bough the 21ema (daily) retest and breakout but placed a tight stop (based on 10min chart) at 26.50. Stopped for 2.7% loss.
Summary:
Frustrating to get shaken out, but happy with the trade. I identified the breakout and bought it at a good place. Could have bought half size with a larger stop (I keep all trades at less than 0.5% total account risk) or rebought it when it reversed.