Jul. 7 at 7:03 PM
$TROX This was a poor decision, and I will tell you why.
I took a position on 7/3 when this broke the 21-day moving average orange line), also known as the pivot moving average. I should have waited for it to close above the 21, and then waited for confirmation of an uptrend, but I didn't, and it wound up closing below the 21. Now look at today's candle. It opened below the previous open and trended also under the 21. That's like "close your position 101". The 5-day EMA (green line) is also about to trend under the 10-day SMA (yellow line). If it opens lower tomorrow, and trends under today's close, which I assume will be 5.26-5.32, I'll take the loss.
