So the last week I’ve been trying some no leverage longs on go pro. But the thing keeps setting all time lows! So Friday I initiated my final long. This is my set up when I took the trade
I said on my BUX channel the RSI looks like it’s digging for oil! And we actually got a nice bounce of around 2.8% after which was good profit. However the trade is intended for longer so I held which then meant the trade reversed and went to negative -0.86%. And that’s how I closed. Silly that I didn’t lock in profit there rookie mistake really. But I have 4 longs now. So we have to see how it opens Monday! Wallstreet PT is currently $10. That would be insane. I’m simply going for $5.3 first target.
This is not trading advice. Simply my opinion. Enjoy the read.