I sold out of my final 1/2 position of $LULU. The first 1/2 I sold a while back was for a nice profit, whereas this 1/2 is for literally break even. The daily chart of the stock, seen below, is a pretty good reason why I sold. Notice how the stock has been wedging up on light volume, only to breakdown again. Even if the stock doesn’t continue to breakdown, I want to avoid turning a winner into a loser.
All trades are timestamped inside The PPT.
- LONG: 32% ($NR $NTAP $THOR $SAPE $SWSI)