Entry comments: Buying from Breaking News alert - $GLDD announced $51.1M in dredging contracts awarded. Price after hours beat resistance from past month, and is looking to beat resistance in after hours trading of $10.41
Exit comments: I've listened to way too many of Tim's lessons & DVDs to make these mistakes. Where did I go wrong? 1. I bought the news. 2. I misread the resistance. 3. I saw the price after hours go up and didn't take gain. 4. I saw the price after-hours drop, and I refused to get out at $25 loss where I was. 5. Played with my money on my heart, my mom used to work for them
| Date | Price | |
|---|---|---|
| Entry | 7/6/2020 | 10.02 |
| Exit | 7/7/2020 | 8.75 |
Almost sold the stock when it went down .40. I held and it's at 9.84, still under my entry point. Looking back at chart, I misread the resistance. Yes, there was resistance at $10 on 6/4, but on 6/8 price hit $10.78 and then $10.43 on 6/10. So I took the resistance of $10 in error, without considering the more recent resistance. Hopefully it still works out....
