I tried entering at a lower price, but it just kept going down, so I got out. Cut losses quickly.
Entry comments: Taking this high float big $ gainer double tapping Oracle and possibly reclaiming VWAP. 5EMA is over the 9EAM and RSI looks strong. Risk to reward is good, stop at $3.14 with target $3.70.
Exit comments: Scratch loss on this one. Saw it looking weak and just decided to get out though it's not hitting my stop. MIGI was a great mid-day play but so low float the spread freaks me out. And I missed $BEAT though it was on my watchlist. So maybe a little bit of FOMO but glad to practice taking plays that have good risk/reward. Maybe it does play out since high float slow mover. But my rule is I have to watch it, can't just walk away. Maybe should change that with high float stocks with good r/r.
Dip buy to support - Got chopped. It bounced, but in a choppy fashion. It never hit my risk, but decided to be safe.
small size this time i chased on this one bad trade. at least i took small size to not give back a ton of profits.
reattempt dip buy
Bending the rules a little here. 200m+ float but the daily chart looked like low hanging fruit. I identified an entry but waited too long trying to let it prove to me. Fomo entry, knowing that I was near TP and the resistance kicked in I just flattened the position to carry on.
Bought too high in the channel. Stock did break up later, without me.
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