Alerted by STT BN as running without news. I have been working on watching the price action with support and resistance in mind, so I watched. When it bounced off support I went in a little above when I saw volume. Looking for a 1.00 profit per share and after it ran up, but ultimately I sold into strength at 11.65 because I was nervous it would break down. Happy with the .50 profit, but with a little more patience, I would have seen it break resistance for that $1 profit.
Entry comments: Former runner Looking for a 1.00 break. Look for a sell at 1.10+ with 52 week low of .61 as loss cut
Exit comments: Reverse Split. Too patient with this one, lost a good profit by waiting too long
On Friday 3/28/25, ACON will complete a 1-for-27 reverse stock split. On 3/26/25 I Sold 100 ACON @ $.57...loss $114 (-66.7%)...ouch!
I should not have held this overnight.
Didn't Run Far
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