$CSTL Double Bottom Buy?

2. Dez. 2020

I've had this on my watch list for some time now. It looks ready to break the short term down trend line out of a double bottom pattern. I have an alert set to tell me when it hits the trend line which is just over the $50 mark and it would retake the 50 day MA... I also like the buying volume that has come in the last 2 days. If I get triggered in my price target is the old highs around $55. All TBD. Ideas, not investing / trading advice.

2. Dez. 2020

Trade ist aktiv

CSTL trade triggered. I have opened a 1/4 position size at $50.85 Stop will be below today's low. It either keeps going up or I'm out.

3. Dez. 2020

Anmerkung

Added @ $51.50 bringing up to a 1/2 position.

9. Dez. 2020

Anmerkung

Took 1/3 off into highs @ $57.05 for 11.5% profit. Will let remainder ride for additional gains. Stop moved to 5% profit on remainder. Can't lose trade at this point.