Congra to your position, I am still wait for my order to be filled since February...
I have a mental open stop limit buy order for Yong based on the premise that the fundamental is good. As the fundamental is so good that it can be expected for several baggers, I don't want to be greedy to fight for the gain of first several ATR (Average True Range).
That is, my stop bid is somewhat like: 1. above 50 day Moving Average or 2. 3 to 6 ATR above the previous low.
Right now, my naive bet is to get in after over 50 day MA has been reached for 3 days, that is, about 6.20ish.
Once it is filled, I shall place my stop loss 3 ATR one-way-floating below the current price.
I am to old to read charts, but rely on some stupid rules.