Trade Review: ASST
ASST was identified with our Opening Range Breakout scanner. We entered on August 21 and exited on August 25. The stock reached our target. The trade closed with a +17.74% gain.
Setup
ASST cleared its opening range with momentum. The setup gave us a defined risk point and a clear target.
Entry
We entered after the breakout confirmed.
Initial Stop
The initial stop was set 2.30% below entry. The risk was defined before the trade.
Target
The target was reached four days later.
Result
ASST reached target.
% Realized Gain/Loss
+17.74%
Position Status
Closed.
Lesson
Opening Range Breakouts can move fast. We entered with defined risk, did not chase, and took the planned gain when the target was reached.
This article reflects our own research and trade process. It is not personalized investment advice or a recommendation to buy or sell any security. Trading involves risk, and past performance does not guarantee future results.