I’ll be very honest with you, trades like these rarely happen.
But we caught this one!
What a ride, gravity cannot hold this counter down.
Being able to position ourselves for these moves is the easy part of the trade.
The hard part is HOW TO HOLD ON to capture a 50+% move!
STI is still on an uptrend.
We’re on a great move, but right now we’ve hit a level of resistance around $0.94 today.
Next level would be $1.03, but for now no harm taking a little profit off the table.
This trade has really taken us on a ride, +54% ladies and gentlemen!
Be patient and follow system.
The board has yet to announce their decision.
However, their earnings report was very positive.
Be patient and follow system.
Currently we’re up about 12-15% already, feel free to take some profits.
Be patient and follow system.
There’s clearly some resistance around 2.30 area.
Feel free to take a little big of profit off if you need to, it’s about 4-5% at this point.
Be patient and follow system.
Be patient and follow system.
We’re up about 7% with a good size.
Feel free to take some profits around this area as we head into some resistance.
Exited at 2.44
Well managed!
Frees up capital for more opportunities.
Price found some buyers off the previous highs.
We’re making another test of the recent high.
Be patient and follow system.
It’s trading higher and covered the gap.
Be patient and follow system.
If you would like to find out how to catch a 50+% move in the market and RIDE it all the way,
Click here!
Good trading folks!
The post Hi-P Monster Trade Up +54%! appeared first on The Systematic Trader | Trading Courses | Collin Seow.
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