Wasn't working out. It was a bad stock to begin with. It had a nice run which got me interested but the volume wasn't there. I think I'm just getting frustrated. I've either sold or been stopped out 12 times now. I forgot what it's like to see a stock actually bring a profit.
Got out at 15.90 Again, another stock that fizzled out.
The gap in the price is because QT crashed on me and had to restart.
I really like this trade. JDSU looks to be breaking out of this channel it's been stuck in for about a week or so. I waited for it to hit 16 which would be the top of the channel and got it at 15.99 I set a stop at 15.65 which is roughly a 2.5% drop and is also a low for the day.
Green line is my entry point. I bought it during that tall white candle and the black line is my stop. I'll hold it until I either get stopped or take a profit where the stock might be turning around. Don't know exactly how I'll determine when I'll get out but I'll know when I'm in the moment.
