I was stopped out, and will try again around $119.
Note: This is the 3rd time I tried to play this breakout. I hate [[PBR]] and will probably miss the run when it finally decides to breakout.
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I ended up buying on the way down from 115. My basis is about 106 and I was going to cash out… but I would hate to miss the move when it happens.
Cajun, I lost 50 bucks or so on PBR today as well. Had 2 trades. First one was great, second, not so great.
So I guess you are trading while working again.
Don’t chase the breakout. Triple top
Unless the juice is worth the squeeze. In this case, not. I’ve lost alot anticipating a breakout in the past. I wait till it CONFIRMS.
true dat.