liquidity trap long idea over the multi time frame breakout. took the wash
Third Day Surge. -0.43R. Entered on a dip but the level to risk was $2. I held that and proceeded to climb back to highs.
Multi day B/O.
Stock had a mdbo and then dipped back to mdbo level and held $2.00 so small buy due to terrible volume. Got an uptrend back over VWAP but double/triple top at $2.40 so cut. Just no volume followthrough. Dropped back to $2.20 quickly but held so could keep going given enough time but I don't have the patience with how low the volume is.
Started to get away from me so I cut my losses.
Going for day 2 continuation. The volume was not here and I am just expecting it to just go after the open. I have to pick up on the change happening now in premarket. This is the second day I chose a lower vol play and I put too much into the catalyst. There were better plays I had on watch for today. I am getting used to this buying in pre and going through the open. I will make an adujustment.
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.
