
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.
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 9/26/2017 | 0.532 |
| Exit | 9/27/2017 | 0.52 |
- Total Views216
- Position Size300
- Percentage-2.26%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
