How’s ’bout this for a bullish stock – 10 months of pure price resistance getting taken out in one fell swoop.
Rowan Companies (RDC) is pushing higher today in a breakout manner with a strong rising up trend providing support underneath.
There’s nothing not to like about this one – Here’s the trade setup:
Welcome to Swing Trading the Stock Market Podcast!
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What do you do when the best trade setup that you can find is a stock that you already have a position in? Should you trade a stock that you already have a position in and exponentially increase the size of that position? In this podcast episode Ryan explains the circumstances that allows you to increase your position size in an already profitable trade and how to manage the risk in doing so.
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