Entry date May 13, 2025: Bought 100 shares of CNSP for $2.6299. RCT play, bought in pre-market when it hit the top of the red candle after going vertical, big % gainer with news, 15.4x float rotation, 2.91M float, former runner, day 1ner. Goal was .20¢ spike. Risk/reward was 1:2, .10¢ downside .20¢ upside. Exit date May 13, 2025: Sold 100 shares of CNSP for $2.4801. Did not spike, sold after it hit risk, need to work on selling once risk is hit.
7AM FDA news cause a huge spike that dropped a little and held at VWAP through the open. I waited for 4 minutes and hopped in as it was climbing. It went up 11% in 3 min., then crashed to halt down. - Offering - It gapped down on opening and then started climbing and I got out as soon as it started dropping again. Lesson: Stay away from stocks with offerings in progress.
ATL 2b:1s. BIG starter.
My think was to enter in just above resistance but this was traveling sideways and I should of waited until it hit the top resistance because I noticed the volume was fading so I got out with a small gain.
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