Distell is arguably one of my luckiest and best trades so far. Bought my first lot at 7250c. The stock has since been trending nicely up. I recently added to the trade when the 30w EMA finally crossed the 60w EMA. There’s a nice bullish flag on the daily chart as well. Looking to add to my position when the stock breaks the 12000c resistance. That would mean the stock moves to a higher 12000c - 13350c box. My last entry on the stock was at 12123c when it broke from a bullish flag. My current stop-loss is at 10629c. I’m looking for a 3% break above 12000. If it closes above 12300c I’m going to add to my position and move my stop-loss order to 10900c
Trade Summary 3 March 2021
Average entry: 10612c
Position size: 12.9
Stop loss: 10629c
Risk: +219c
Risk%: 0.03%
eepurl.com/g4_ywj
Trade Summary 3 March 2021
Average entry: 10612c
Position size: 12.9
Stop loss: 10629c
Risk: +219c
Risk%: 0.03%
eepurl.com/g4_ywj
