taking in small profit since I can't stick around and don't want to hold.
This thing was looking to keep uptrending. Broke trend. Exited for a disciplined trade.
Degenerate action. I wasn't focused, let impulsiveness win this round. When all else fails follow rule number 1!!!! Thanks Tim.
Entry comments: Taking a shot at this China EV penny stock; low float, reverse split. High risk and an ok potential for bounces, but trading below a buy zone. No news yet on this one, but with TSLA near all time highs and XPEV (another China EV) about to make a breakout, we could see this Chinese sector heat up. Huge dilution ready to drop when they want. But this is also the risk profile that can make enormous squeezes on a good PR.
Exit comments: Took an early out near the 30% pop from bottom; wanted the green.
Leaning on hopes and dreams with a sparkle of made-up sunshine in the pits of the hole I dug. Man, this was bad
Loss. Picked the wrong timing.
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