-$460 loss PRCP Long Stock
Entry comments: I dip bought this new earnings winner 50+ cents/share off its morning spike highs with intraday support at 7.20 as it's a solid multi-month breakout above 7, this ran nicely a few years back too, all I want is that 50 cent/share bounce back to near its highs, dip buy only, not to chase since it's a slow mover, but risk/reward is solid on this and the breakout is too nice to ignore, see my video last night on earnings winners breakouts. I'd wait closer to the market close if it wasn't 2am for me
Exit comments: Exited in multiple small blocks for a small overall loss, it might bounce in the coming days like PXLW has now done, but it's just so illiquid and I'm not in the proper place to watch this slow mover all day/night, small losses are fine, I locked in my PXLW longer-term position today for roughly $2k in profits, this one is just a small acceptable loss
still in. Great find. Looks like it may have tired out. But pretty good return so far! So my question - how did you know it was a "nice safe stock" as you said in your video? Just because it wasn't choppy? Or was there some other indicator(s)? Just became a silver member so a lot of this is new for me.
Got out 2/15 for a nice (for me) profit of 11%
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