SBEV - Longs
Updated
I went long on Splash Beverage yesterday
I got quite a poor entry (3.06)
Reasons for the trade are marked out on the chart
I will say this is a bit of a riskier trade than what I'd normally put on, given the small market cap + concerns over Profitability / Valuation on the stock. So with this in mind it is a smaller position than what Id normally take.
Stop marked out.
TP marked by the 2 .618 Fibs as well as the 5.60 level that was the last major high.
Looking to mov my SL to BE on a close above 3.33
I got quite a poor entry (3.06)
Reasons for the trade are marked out on the chart
I will say this is a bit of a riskier trade than what I'd normally put on, given the small market cap + concerns over Profitability / Valuation on the stock. So with this in mind it is a smaller position than what Id normally take.
Stop marked out.
TP marked by the 2 .618 Fibs as well as the 5.60 level that was the last major high.
Looking to mov my SL to BE on a close above 3.33
Note
Still in this Looking to add small around 3 - 3.05
Still got a stop of approx 6.8%
Note
As per the above - added at $3.04Trade closed: stop reached
Never got going - stopped out but keeping on watch
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