APPS — breakout

Summary

2 weeks of consolidation around the 200 MA. As they reported steady, good earnings, you can get in at the breakout with a stop at the low of the bar. I wanted a wider stop because of the earnings factor. A couple of days later, it has a massive gap up. Since it had very little pullback from the open, and the gap is so big, you can sell your whole position as it goes up on the same day.