Trade - Long LQDT

LQDT

Bull phase within Bear market.  Not an ideal setup.  But its ability to climb even under a gloomy general market could be very telling.

Breakout on May 5 catalysed by earnings report could signal start of a refreshed bull phase.

Date: May 10 2016
Signal: Stochastics crossover
Price: 6.19
Amt: 1,600
Risk: 368 (SL today's low @5.96)

This is the first trade of my new system.  I do not want to risk too much as I have to rebuild my confidence after being crushed in a disastrous drawdown.

A chart showing 1 year's history.