Stock was having a morning spike but I chased instead of waiting for a pullback and got burned.
was anticipating end of day rally, but did not maintain upward trend.
Entry comments: Bought CBYL uptrending after holding the morning spike gains. Had decent volume and started heading towards HOD midday. Dont like the idea of trading midday but its a low float low priced bio heading into the afternoon. If this gets volume it could start moving. Looking for a b/o over .70. Risk is .65 intraday support. Speculative so not going for anything huge. Could fail on the b/o, just trying to anticipate it
Exit comments: Dang, ended up failing on the b/o and made a perfect head and shoulders into the close. Cut losses quickly mainly cause it was speculative and cause HEAR started moving. Not a bad loss! Had a chance to really spike in my mind. Still hasnt cracked .65 so it could bounce again.
Buy on breakout of 0.66$ level but price stuck in flat so didn't wait next day.. not my plan.
Here is my entry/exit recap on trades for (11/18)
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