Trade now is active. Entered = @ $18.5 Target #1 = $ 21.2 Stop Loss = $16.5
GoodLuck
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My trade is executed at a StopLoss level of $16.5. Unfortunately, the market is shown weakness. I'm still laying on FCEL to break $30 during those couple of months, so I'm gonna re-entry at $16.5 once I found the market is strong.
Review my trade
GoodLuck
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The good part about this trade is sticking with stop-loss level. Not necessary, you always right but it requires planning an exit strategy that will help to protect your capital.
Still Waiting To Make a New Entry.
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Just got back into the trade at $15.8. Stop Loss = $14
Please follow your risk management rules by placing the size of your position based on the amount you willing to risk.
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Quick Update I'm still holding..
Let's review my trade from the beginning - In earlier trade went at $18.5 and got stop at $16.5. Ended with -$2 (loss). - Current Trade I'm long from $15.8 and the current price is $18.2. +2.4 per share so far. - Total profit till this moment -$2 + $2.4 = $0.4 per share. - Raised my stop loss to $16.5 or any level you're comfortable with, but not above $17.3.
Review technical and targets
Remember, FCEL will have an earning on the 16th of Mar. For me, If the company shows bad stuff and the stock starts to drop, then I'll exit the trade immediately at any price.