-$4 Loss
INPXLong Stock
konradengen

Bought in the a/n. Goal was to ride the trend until I thought momentum reversed, targeting .60-ish. Thought it could run because of the hot mkt environment+good volume. Hindsight, it's easy to see it had poor odds of running after pulling back, and having somewhat of an artificial uptrend. A stock should rather hold up, and base close to the highs. Lesson: Be aware of the stock's behavior before the breakout. Look for a base, and a significant spike above resistance, before retesting support.

000

DatePrice
Entry9/26/20170.532
Exit9/27/20170.52
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