CFLT broke out of its 1st week IPO high $58 in September & pullback w/ successful test of that level early this month.Its building a nice cheat shelf. If you buy the BO on Monday, you are forced to use a Max 8% stop below Friday's low.
Ideally, I want to see inside day Monday to gives us a way to anchor around a lower stop less risk entry of 6% or less.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.