jaxdog

$ONEM Cup W/Handle IPO Breakout

Long
NASDAQ:ONEM   None
$ONEM is a fairly new IPO with along cup w/handle breakout. I missed the breakout on Jan 15 but, I liked the pull back and this looks like a good entry point. I have a very tight stop just below today's low. This is a tough market to start a position as IBD has down graded the Market to "Sideways Action." I've scaled my position to reflect the market and running a tighter than normal stop with an IPO. Ideas, not investing / trading advice.

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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