BWP Long - Come for the long exposure, stay for the snags

-86 Week Ascending triangle forming
-50SMA/200SMA bullish signal
-3.21 has become an area of congestion for the past month with very attractive bollinger band squeeze on the daily
- Could be an asymmetric R/R opportunity for pre-positioning of larger pattern completion

30 basis points planned

Note

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Stop buy order @ 3.23
SL @ 3.13
TP @ 3.78

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I have too much risk on and is premature to pull up stops on other trades yet. Will let this strength within pattern opportunity pass. A breakout of larger pattern and I will consider it

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Ok, Now at a level I like. Am a buyer above 3.29 on a closing basis

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Had the pop in volume but not the close above boundary. Am happy to have resting orders in this market with volume confirmation

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Buy stop order @ 3.30
SL @ 3.21
TP @ 3.78

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Anticipating a fill today

Trade active

Order filled @ 3.30

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Stop moved to 3.26

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Happy with the volume expansion on this

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Stop moved to 3.29 just below yesterday close.
Some family matters have arisen, trimming down market exposure

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I proper buggered up. did not see dividend coming. Risk adjusted stop factoring dividend at 3.17. Same 30 basis points of risk

Trade closed manually

Disregard... my process is too important to me and this is not a habit I want to develop. I fucked up

TomKirk

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TomKirk