Snoopy Dance: ANGN

Every time a stock in my portfolio goes up 10% or more in a single day, I do a Snoopy Dance!

I haven't had much success trading lately, so today was a nice change.  Let's look at ANGN's chart prior to today:

I'd been watching ANGN for about a week.  This chart was looking almost perfect - a huge run up, followed by a consolidation on declining volume.  I put in a buy stop just above the consolidation.

This morning very early on the buy stop triggered and I was in.  And this is what happened:

ANGN closed up over 28% from my buy point, so it qualifies as Snoopy Dance on its first day.  I had a similar setup trigger in AUXL today, although the chart was not as nice and it didn't run up nearly as much.  Still, you can't argue with it.

Comments

[Ron]

Snoopy Dance. Nice visual. I could use a little of that action on my portfolio. Good luck.

Ron