Was not the best trade again trying to get better not buying near top of channels and I did again. News came out and stock moved 5 mins later and then seemed toppy where I bought 1.3. I was thinking it was going to break HOD then multi month resist. Did well cutting 1/3 of trade and then 2/3 when GRAY seemed to be dropping for small loss. Was using 1.2 as original risk then 1.25 but should of let it drop then bought around 1.25 risking 1.2.
Breaking 1.41 area I was anticipating it to break also through 1.45 level, which was 6/28. Cut trade once initial risk level was broken into a pop. This was not an A+ setup. Catalyst was some patent, stock has to proof itself more. Be more selective. Possibly the break of 1.45 would have been the safer bet with risking 1.30 level
In at 1.33 risking 1.15.
Gap up and ran with news. Daily W and Intrady W lookin for the bounce. Failed spiker. Cut losses keeping them small.
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