
Second try on this ticker today, I tried a different approach and got in at $.92 for a $1+ breakout, however, the stock got to $.98, then started dipping. This is a very choppy and annoying stock as there are big spikes up and big dips down. I cut it for $6 loss, so it was still a disciplined trade. Key for this trade is to get in earlier in $.80s or on the bounce off the VWAP. Good cut, as it went down the $.70s shortly after I got out.

Entered this stock on my phone at the dollar cross when it was gaining momentum. It was struggling to breakout past the $1.06 level, then started to dip very quickly, so I cut it at $.96, as it started to look very weak. I did not see any news for this ticker and it was around 11 AM EST, so I feel that played a part in the stock struggling to spike more. It was also up over 200% on the day. Good trade, stayed disciplined.

Third time is a charm on this ticker. I entered when it was breaking out near the $5.20 level for a retest of the $5.50s. I got in at $5.18 and it sold when it was breaking out slightly past the $5.50 area for another single. Even though it finally retested the HOD level, over trading is still an issue for me on Fridays, so I need to focus on being more meticulous, especially because I traded the same ticker three times in premarket. Good lesson.

Second trade on this ticker during premarket. I felt that it was going to retest the HOD for a breakout, so I bought it on the bounce, risking the lowest point of the dip. It started spiking a little, but then started to dip more, so I got out with a small profit. This stock was very choppy and would spike then dip repeatedly. Good trade.

I was watching this stock premarket and my thesis was that if it could get over $5 convincingly, it could retest the highs in the $5.50s. I entered when it was breaking out past $5, but then cut it when it was failing to hold above the $5 level. Good cut and good discipline. Only took an $8 loss on this trade.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.

