CLD formed a bullish flag pattern. I am going to play the top and bottom of the bullish engulfing candle:
Trigger: 5.96
Stop: 5.62
Target: 6.64
Plan:
I will allow 3 days to trigger.
Take all at target.
Move stop up to break even with 2 closes above the 50sma.
Trigger: 5.96
Stop: 5.62
Target: 6.64
Plan:
I will allow 3 days to trigger.
Take all at target.
Move stop up to break even with 2 closes above the 50sma.