-$53 Loss
AIROLong Stock
Spencerbmatt

Entry comments: Chat room was talking about this stock which made me take a look at it. It has not been trading for very long with a market cap of 552 million so mid-size company. Bought on the day that showed the most strength with it breaking out above $25.13. I let come down to that support area of $24.15 with the thesis it was trending nicely and BTheTrader chat room were mentioning it.

Exit comments: I was risking $22.59 with a stop loss order. However, it missed it as it dropped too fast, so I had to cut my loss quickly and get out. Not a good lost for me as I did not check my reward, so came out to be not a good risk to reward with the resistance around $25.92. Need to be better about checking where my reward will be.

000

Broker:ETrade
DatePrice
Entry8/29/202524.60
Exit9/5/202521.08
  • Total Views12
  • Position Size15
  • Percentage-14.31%

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