Entry comments: I was away from my computer most of the day and missed a good day of run up on this recent IPO. It was holding above VWAP, volume was up in the afternoon and hitting the HoD just before market close. i bought with the intention of selling into strength in AH or holding over night and hoping for a gap up. I feel a bit nervous because I have been setting a low risk lately and that is not really possible with o/n holds.

Exit comments: I did not get a gap up and ended up holding for over 3 months. It kept trading between the $20-24 range but never went higher than where I bought. I was feeling frustrated and sold on a bad day since it had 4 green days in a row I thought tomorrow it will likely go red. It could have eventually worked but I got sick of holding. Took a 7% loss. It did climb over the next couple days to where I originally placed my sell limit