Entry comments: OTC breakout. Multiple green days and should be reversing soon but today has done nothing but held its highs into the close and consolidated. Nice sideways action break with bids stacking. Having a tight risk of $.001 with a goal of $.038-$.04.
Exit comments: Got the gap up but didn't sell as the stock was looking weak at the open. If the stock gaps but ask is stacked then it is better to be safe and exit with profits than to hold. Watched a couple of Grittani's OTC videos and good live examples that help to show this action. Will be reacting to the L2 and tape more to see how the stock will sway.
| Date | Price | |
|---|---|---|
| Entry | 1/11/2021 | 0.0336 |
| Exit | 1/18/2021 | 0.0315 |
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Closed strong spiking $.003 from my entry. Looking for a possible gap up tomorrow but might be a quick exit since this is up nearly 4x now. Resistance is at $.04 and $.045 range.
P/M: Bids are stacked at $.037 and shows that it got up to $.04 at one point.