Entry comments: Small position. This stock has a tendency to spike AH and gap up. It does not have news and is not in hot sector. Honestly, I gave it a 50/50 chance but based on prior performance, I thought it was worth it.
Exit comments: It didnt do what I thought it was. Exited for small loss
I saw MCEP spike and was looking for an energy sympathy play
Second week of June 2020. Started sizing up. Market is still HOT
Sector leaders looked to be gapping down, shorted the the plays that hadn't faded much yet and swung them
First Green Day with news. Hoped for a gap up next morning. Gap up did occur, and held hear highs so I held again, once it showed signs of coming down I got out. Next time sell at first gap up, not worth the risk of cutting profits. There will always be more plays.
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