Made some nice money on this one in the past. Morning uptrend. Bought intraday breakout at 5.94, which quickly turned into a fakeout. Stop set at 5.85. Never reached stop. Tested 5.94 b/o 2 more times. Failed. Strong wall formed at 5.94. On 3rd failed try, sold for a penny/share loss. Perfect loss. Yes, there is such a thing. Learn how to properly take a loss. Respect price action.
Newsletters:Pennystocking Silver
Broker:SureTrader
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| Date | Price | |
|---|---|---|
| Entry | 11/29/2012 | 5.93 |
| Exit | 11/29/2012 | 5.92 |
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