Please keep in mind that this is a trade that does not require you having to wait until the end of the trading day. It would be best to scale into the position, set your stop, and add to the position once the stock has broken out of the triangle pattern. From there you can trail your stop up as the stock moves higher.
(Expand video to FULL SCREEN for best view of the charts)
I’ve also attached a PDF file that outlines the plan for this new position. Please be sure to review all of the material before entering any trades to your account and have a very Merry Christmas.
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