Bought this as a swing trade since it was up trending the past few days. I was looking to reach and break the high of $1.33 from the week prior. Stock was moving very slow with not much volume so decided to get out of the trade and focus on other plays.
Bought for July vote in July. Will re-buy when decline stabilizes
Since it cracked the support around $1.60, and had 3 red days before that, I Bought this FGD pattern and it worked out nicely for a solid single. Bought this on the way down. The previous low was $1.30, and there was a big buyer at $1.30, so I went for $1.31. The LOD was $1.27 but had a nice quick bounce. Almost sold in the $1.40s but then realized that I was probably being impatient. Holding worked out and I was able to sell after holding for about 1 hour. A solid single. A good trade.
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