Trade Review: DRH
Buy Near Support. Trim Into Strength.
Setup
20 SMA Support Scanner
Entry
$11.94 on June 1
Stop
Below the 20-day support level
Result
Trimmed 50% of the shares at $12.55 on July 17
Percentage Realized gain
5.11%
Position status
50% shares remain open
Lesson
Take partial profits when the trade moves in your favor. Keep the rest only while support holds.