My next play was a 5 minute long play in HOG after a nice run up in price. Nice looking text book type play with 5 red bars down with a COG then it triggered and I was in, but soon the entry bar was a little over 1/2 engulfed with a red bar and I had to take my stop with a slight loss. I re-entered the play as the red bar that took me out of the play was engulfed basically a 180 entry play long and price shot up nicely but price action was very spready and then, started to fail. I sold 1/2 of my shares, then finally the rest just as HOG started to break down gain hard. I ended the play down slightly but more like a scratch trade. Unlike the last two trades, I was glad I got out of this trade…
HOG