I took a stater position in $SWK here as it comes up and over the 30 week MA. I had this on my watch list and it got away from me yesterday. I look at this as a low risk entry as my stop will be on a close below the 30 week MA which is not to far down. If this is the beginning of a stage 2 breakout I'm early and will have an opportunity to build the position out. All TBD. Ideas, not investing / trading advice.
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I held this way past my stop and sold on Dec 1 for about a 10% loss. Way too much. Note to self, honor the initial stop. You can always buy it back.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.