Symbol: JNC
Type: Long
Entry: During the 14th bar
Exit: The 14:30 bar
Result: Gained +0.08%
- (JNC) gapped up and retraced back to the rising 5eMA
- I was aware that the Opening Bar was not a Wide-Range Bar, and therefore, I was cautious with this trade
- I entered Long as prices exceeded $63.20
- I was hoping that the prices will make it all the day back to the Opening High, but at around 14:30hrs, it began its reversal
- Fortunately, I was just about to tighten my Protective Stop, and it hit my Stop almost immediately
- A very small gain
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