Not a bad entry but very bad exit, playing the #6 pattern and #4 pattern, still learning how to trade fast paced high volatility stocks, got in almost at the top but did not want to let it develop since I was protecting my earlier wins and didn't want to blow it.
entry: dip buy on panic exit: choppy price action and heavy just got out
Well damn. Started scaling in at a 30% pullback from its close before splitting, added into the panic. Beautiful bounce back to $5 - where I should have sold. $5 was a 30% bounce from its bottom. BUT...I though it had more and held on the pullback. Then an offering in AH. Waited WAY too long to get out. Finally frustrated I cut my loss. TAKE SINGLES.
Taking small loss after giving it time but didn't do what I thought plus it's moving slow with big float and little volume.
Taking small loss after giving it time but didn't do what I thought plus it's moving slow with big float and little volume.
midafternoon run up. got crushed w falling knife. the one-time size up too.
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