COMM Turnaround

٢٤ سبتمبر

Looking back on how I followed a large LEAP order alert and repeated Insider buying to take a position in Commscope.

Sadly, I was shaken out of most of the position just after it broke out. Weak play on my part, but overall a solid win.

Bottoms are really hard to grab.

In this case, it was that first recovery back to the 1's and then the bounce to 2 that was initially rejected that got me thinking the weakness would persist.

From here, a huge falling wedge breakout and an epic run. Let's see how far they take it.