8/29/2018 - Self Improvement
I've been trading for 5 months. I am by no means an expert so please don't solely go off my advice and my actions. I have been keeping a log for quite some time on Tradingview but i have just now decided to go public. If you can help me at all and have any thoughts on my stock actions please feel free to leave comments.
Bought VZ because it is hitting another known resistance line and it has bounced against it for a week or so. It is also making a very short and small bull triangle but it is there. So i bought at 54.88. Adding on significantly at 55.24. I have my stop loss at 53.93. I'm hoping this time it breaks that resistance. If not i don't have a massive loss on my hands. Only time will tell.
Bought VZ because it is hitting another known resistance line and it has bounced against it for a week or so. It is also making a very short and small bull triangle but it is there. So i bought at 54.88. Adding on significantly at 55.24. I have my stop loss at 53.93. I'm hoping this time it breaks that resistance. If not i don't have a massive loss on my hands. Only time will tell.
Note
Hit my stop loss at 53.93 today and im out of my position in VZ. The stock got downgraded and the public freaked out and in the early morning it plummeted. Not currently looking to buy back in, but looking at a FIB retracement. Hopefully the stock consolidates near the top to let the 200MA catch up and we get a pop over that resistance later onNote
LOSING TRADE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.