Premarket spiker on news of Nasdaq compliance. Down 3 off highs, broke above VWAP and resistance of 4 thought to go to 5 or higher, dead wrong. broke down and chased down and finally out for big loss. Done for the day, HORRIBLE TRADE. 4 needed to hold prior to entry....LEARN!!!
Oracle Recommendation - sold when price hit stop loss
Small loss buying VWAP reclaim on low float runner DEVS but it keeps teasing a breakdown fake out by extending lower wicks below VWAP but keeping the bodies above VWAP. Before it broke down below VWAP as I'm currently watching it had bullish volume like it was going to rally but it didn't so I got out since it started testing my risk level of VWAP support.
Entry comments: Taking a position on this reverse split in a separate account. Low float, great probabilities for a 30-70% spike from bottoms. Goal is $3.00+
Exit comments: small gain, but I'm taking it. Today it's outside the window of opportunity.
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