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📝 Trade Review

📝 Trade ReviewCreated by Pino today at 10:07 am · View Trade ↗

Chart Patterns and Technical Analysis

Initial Buy: Observed a pattern during pre-market analysis, indicating a potential trend
Exit Decision: Utilised a combination of chart patterns
to determine an overbought condition, signalling a potential price reversal. The percentage gain also reached a key resistance level.

What went well

Strategy Alignment: The trade adhered to the strategy of identifying undervalued stocks with short-term growth potential and leveraging chart patterns for entry and exit points.
Timely Decision Making: Quick recognition of the chart patterns allowed for a well-timed exit at the peak
Outcome: The trade resulted in a significant profit, meeting and exceeding the targeted gain.

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