Since this correction, my POWR portfolio has taken a punch. They say don't trade corrections, but if you're in you're in. Out the market or in the market. With that said, my POWR position has been slightly more aggressive due to the riskiness I see in its chart. Initially I had a leading diagonal
, followed by an ending diagonal
(indecision, very wavy). You can also clearly see that POWR Ledger is still inclining
. And that's going way back, to November 2017--before the correction. Assuming POWR trades technically, risk/reward doesn't even need putting on the chart.
Hence my Long position and slight aggression ;-)