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Today we take a look at CONN on the daily chart. This will be a little different as we are examining a trampoline trade setup. The criteria for trampoline trades can be found here: https://claytrader.com/courses/trampoline-trading/ . After analyzing the break out move, Clay discusses a logical pullback entry and stop loss location. The next day we see a big gap up but the candle has a very large pullback wick which filled most people at their desired entry. Clay then discusses different methods to trail our winner to its logical conclusion. We also entertain the idea of a possible short idea based on the 200sma moving average but that’s a trade for another day.

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