Breakout Long in BIDU Home › Forums › Swing Trades › Breakout Long in BIDU This topic has 2 replies, 1 voice, and was last updated 8 years ago by Steven Place. Viewing 3 posts - 1 through 3 (of 3 total) Author Posts June 24, 2014 at 9:07 am #2435 Steven PlaceKeymaster After the small dip and recovery this morning, I am comfortable with anticipating the breakout just a little bit. Buy to open Jul 180 calls at 4.50 or lower. Stop 172.49 Planned per contract risk: 212 By anticipating the breakout I reduce my overall risk in exchange for lower odds in the trade. June 24, 2014 at 10:12 am #2437 Steven PlaceKeymaster Sell 1/2 at 7.30 as we’ve hit 1R June 26, 2014 at 8:40 am #2436 Steven PlaceKeymaster OUt the rest at 7.75– stock has been up 4 days in a row, into the upper BB, and just flipped red. Author Posts Viewing 3 posts - 1 through 3 (of 3 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In