NAK1987

Ston, This one caught my eye , Long

לונג
NAK1987 מעודכן   
NYSE:STON   None
I think STON is a "potential" breakout . In particular, I say this because of the technical signs. Pay attention to those unusually large buying volume candles and also notice that those holders are still in the trade and have not sold ( there's very little supply being introduced recently) .

That stands out as bullish to me and even more interesting is that on April 14th, an insider took a considerable position too, 5,522,732 shares to be exact . The share price is lower, so the risk vs reward adds up quickly . I've set my risk at 11.66% and that is only the base of todays candle which is one thing that I don't really like about this trade . For example, it would be much nicer to set my stop under 1.64 support but that is over 26% risk which is way too much for a single trade . So , I took a comparatively smaller position to mange the risk and odds and lets see how it plays out ..

Good Luck , Tight stop ..
הערה:
Overall , a fairly tough market day today but STON is showing great relative strength .Positive .
הערה:
Ston is lacking volume , updated stop to 2.14 to respect risk
העסקה בוטלה באופן ידני:
sold this to lock in some profits, good possibility of a distribution day tomorrow given todays close, but I will be watching and will re-enter if it looks good tomorrow ...
הערה:
waiting for re-entry on 5 min
הערה:
Back in at 2.51 , stop now at 2.40
העסקה בוטלה באופן ידני:
This looks weak, closed the trade for a small loss .

艾力克~
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