CLCD: Another Range Expansion-Contraction-Expansion Trade
As another example of how I'm using this SwingTradeBot to find and track good trades, here's one I closed out today: CLCD.
I posted CLCD to my chart notes the night of September 8th after I noticed it on my Calm After Storm scan. (See my blog post about the Calm After Storm scan for my reasoning for creating that scan.) This is a textbook example of the kind of chart I wanted to find when I dreamed up that scan. CLCD made a huge move on the 6th, pulled back on the 7th and on the 8th started showing signs of stabilizing/consolidating. That's what triggered the Calm After Storm.
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