To Bail Now Or Go Long?

13 Nis 2016

Entered @ $3.23 as a LONG position. Past week has been rough and tumultuous. It appears we are developing a short term wedge pattern in a long term uptrend. Up trending wedge patterns are usually results in a bearish breakdown. Stop loss set @ $3.00

andiki suggested Stop Loss at $2.94
Holding until Thursday and we will see what happens.

13 Nis 2016

Not

Price reversal, back at $3.20

15 Nis 2016

Not

Exited position @ $3.31 due to morning spike.