Took a classic ORB here and rode it for a small gain. I was super late to the party and was considering not trading this at all but i knew i was shooting for a small profit and thought i could get it.
When I placed this order on my phone, the StocksToTrade app I saw a spike then a dip then a reclaim off the highs. I was trying to buy it at that reclaim which was 414 but in putting my entry at 4:20 I need a Trade when I’m on the computer cause it looks like a set up doesn’t even look like A said it looks like a random.
in near the top & held on too long, bad trade.
Entry comments: Long 100 on VWAP reclaim at $3.08. Goal is to sell into $3.48 M/R
Exit comments: Cutting losses at $2.90 support level.
Dip Buy at Support. Poor entry poor plan. Spike had happened already with no dip or consolidation. CLQ. Dip Buy at Support. Good entry on a higher low near support. Ok R/R.
Paper Trade - Oracle Recommendation - bought 95 shares at 3.08, sold at 3.00, loss of 7.60, 2.60%
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