ARMH Bought at $29.21

Bought ARMH at $29.21 on the pullback on the 22nd. This was higher than my original planned repurchase price of $27.50 but ARMH is showing a lot of strength in it's bullish trend so this trade was calculated to buy at the 21 day EMA line. This is my second ARMH trade in it's current uptrend. The first was 8% in 8 trading days some weeks ago.

ARMH then proceeded to get hammered by the HPQ earnings announcement, which dragged tech stocks down. I was watching the chart carefully, and working on managing my emotions. When a stock drops 5% the day after you bought it, it's hard to not take it personally. It I had put in a reasonable stop or trailing stop on this position the position would have closed at a loss.

However, by the end of the week, it had made a full recovery, giving me 3% gain in 4 days at Friday's close. As I write this on Monday morning, it's added another 3% to make this a 6% profit in 5 trading days.