Cutting losses on overstayed play that just didn't bounce even though it had nice volume.
Cutting losses on overstayed play that just didn't bounce even though it had nice volume.
Cutting losses on overstayed play that just didn't bounce even though it had nice volume.
Single gainer, but great trade.
Bought on dip and turn and got okay entry. Didn't look like it would get over .62 so just put in sell order but didn't execute. Very choppy and quick, so price action all over the place. Ended up executing at original sell order on next real bounce. Did pop over .63 momentarily, but went under .58 right after so glad to miss the drama.
Dip Buy at Support. Poor entry near support. Failed to recognize the one minute shooting star candle at NHOD in the first minute. Should have been no trade. CLQ.
This was a good trade for me. Plan was 500 shrs @.49 & another 500 shrs @.55. sell 500 at .59 & see what the last 500 did. The buys were spot on & so was the first sell. When it started dropping I got out before any loss.
Pre market spike. High of the morning was $0.533 at 4.11 AM. Waiting to stock to take it and enter $0.547 at 6.37 AM. Exit at first min. after bell.
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