@wey_how12640 I just knew it was sinking like a rock and I had no cushion. So, you're supposed to sell right? That's what I did, in accordance with the swing trader commandments.
$MU +170% in 2 months 2 weeks of holding swing position just following a simple 10-MA sell rule and refusing to let daily price swings dictate decisions. Even through a -6% day on May 18 and a -13% pullback on Jun 5, the sell rule remained intact.
The only way to know you are positioned in a leadership stock is that it doesn't violate the 10-MA sell rule. Most of the money wasn't made by finding the stock. It was made by having a framework that allowed the position enough room to work.
PS: 10-MA sell rule: it can kiss, it can under cut, it can closed below, but it can't do a lower low beneath it. Don't expand this to 20-MA, there's too much unrealized profit loss and creates widen drawdown to your equity curve.
@Venu_7_ Yeah, I didn't get why anyone would short $CRDO yesterday. The market was down, no edge in shorting this on a massive down day. But that's what makes a market.