RUN Swing

 



Solar stock. 13% short float. Super tight coiled + bo range hi + TL break. Great looking setup plus sector theme. 

Entry
on hi/bo break

Stop
Close under bo + weak

Expectations
With market theme and tight range such as this. Should be gone from the start. Looking for squeeze to ATH.

PT
Have to keep in mind the markets dont have to do anything. ATH seems very possible, but can always be wrong. Will take partial at 1st pivot break at 70, rest to ride to ATH hopefully or Trend break.


Very strong day, right to bo level with big vol and rvol. In on break, may add on pbs, pretty over ext to start. Solar breaking out hard.

Looking like a sector move here, very strong. Going to add more risk to this one. 

No consolidation around bo to add more, kinda sucks but also great to see such clear strength. Looks like a great trade to be in. 

Then we collapsed. Solar included. We went from stupid strong breakouts. To giant failures, engulfing the whole move and then some. Same as DIS, just kept waiting and waiting for a pb. Just kept giving it up, no relief. 

Actually got a nice reversal pattern. Added a contract down here as I think were due for recovery. Depending on action at prev hi/bo level I may be all out of this trade. 30min left to go in day. Other solar recovering at the moment. 

3rd day

tried to get in but missed good entry chance.

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