Im in on Big Lots
Updated
Bought in at $35 and then the market went manic depressive. Price is just under the lower upward trend resistance. If it cant climb above and stay there I will have to bail out, but I'm pretty confident a reversal is in sight.
Stochastic is about ready for reversal upward, RSI is in good position, but needs to reverse up.
Wish me luck, i may need it lol.
Make some $$
Stochastic is about ready for reversal upward, RSI is in good position, but needs to reverse up.
Wish me luck, i may need it lol.
Make some $$
Note
Day ended with a hammer candlestick. If the price gaps up or at least closes higher tomorrow that's confirmation (not a promise) that the price structure is reversing back to an up trend. we shall see tomorrow.Note
Definitely not trending like I had hoped and is following a downward trend. Looks like the price may pick up a little today and when it does I’m bailing. Tail between legs, but this will be a much better buy once the 9 ma is on the other side of the 180 ma. Let this be a lesson to you. This was more of a gamble than smart investingAnd the house won. I’ll be back In at a later date as this is a good stock to have, just not for the immediate future.
Trade closed: stop reached
Of course it pops after selling lol. Win some lose some.
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