bought stock over the weekend, thinking stock would have had a morning spike, but did not, ended up tanking
still studying. bad on staying with my plan.
Clearly a scratch. There is some goods and bads about this trade. This had potential of a morning panic because it broke support right before the close yesterday like many stocks have been doing this week. Bad is I missed it and didn’t catch the panic. Then it squeezed 30 cents so I quickly shorted as it made a lower high. I was planning on it breaking the day low and continuing down but it held support. I gave it a few more minutes but it wasnt going anywhere so I got out for a scratch.
Intrady breakout above former high at 4.56$, wanted to buy at now support right at the close but it couldn´t hold it, should have tried to get out quick because it was now a Short not a Long anymore, gap down next day and huge loss for me
Bought 100 shares accidentally before 4pm after brokedown support 4.56, further into 4.40. Sold the share after half hour trading. Have to beware the low level mistake again!
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