ANTICIPATED MULTIDAY BREAKOUT. PRZO was running so i bought this thinking it was close to a breakout, and sympathy would push it. No volume ever came in.
TRIED TO DIP BUY AFTER A HUGE RUN UP AFTER OPEN. SIDEWAYS AT FIRST THEN HUGE RED DAGGAR JUST BEFORE 11AM. DIDN'T WANT TO CHANCE FURTHER DROPS SINCE IT WAS ALREADY UP SO HIGH ON THE DAY. SO CLOSED. ENDED UP RUNNING UP FOR THE REST OF THE DAY SO CUT MYSELF OUT OF A GOOD GAIN. HINDSIGHT 20/20.
Dip buy/overnight swing (I was under impression I had to adhere to PDT even with cash accnt-eventually I reached out to SEC & broker .They both said I am not under PDT-didn't know this at the time.) I took a sm. position because this was a multiday runner & I wasn't sure how much more it had to go. I was not patient/did not wait for floor, which hurt profits. It broke prev. res. early in session and I did not take profit, held too long. Spent the rest of day breaking down. One day I'll learn.
Premarket dip buy on this hot runner. No bounce, cut losses.
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