Long RZLV
Momentum trade
RZLV was a momentum trade. I spotted the momentum building when the stock was around $2. It was a smaller company, but the fundamentals were there to support a move higher. I started averaging in as the stock climbed from $2 toward $8.
As it ran to $8, I began taking profits on the way up. When the stock started falling from $8, I continued selling into the decline. I completely exited the position once I saw the momentum fading, recognizing it would likely go lower. It did.
This trade was about reading momentum in real time. Knowing when to ride it, when to take profits, and when to walk away entirely. Not every trade is a long-term conviction hold. Sometimes the best move is to recognize the window, capture the gain, and move on.