bdr

now you can see how this is also problematic. it was a breakout out of distinctly a pattern - though we might now be able to say it was not the ideal type - and this was in September ... buying near the breakout level, and then, yes, it started to move in little steps ... but then it collapsed downward. stopped out, and with a 20% loss.

there was an alternative to being stopped out. well, there were two: not buying it, and then not selling it. i've been seeing these failures produce break-even trades and even profitable ones after a dip. here, it has dipped, and then in December it started breaking out from patterns again, and now it has broken out again, from a nicely positioned pattern, and buying at .35 for a rally back nearly to .6, or even to it, makes sense. even holding at .6, in the expectation of a flag, might make sense. we'll see. selling at .6 the first trade would break even and the second would be distinctly profitable.