Trade #16
breakout
Missed THAR but would've almost definitely been stopped out before the 100% run. Need to give it 15%/Oracle 2 x S&R levels. Took the daily double down on RCKT instead and was a big float grinder. Took a decent exit near market close for a decent gain. Solid, patient trade.
Thinking it may replay the earlier event and spike. Moved Stop up to entry point and stopped out.
Went into this with a plan. $50 loss if wrong. Consolidating. About a three sent range. Dropped to stop me out and huge spike to follow.
Double Down Recommendation - raised stop loss above break even - sold when price hit adjusted stop loss for small gain
Second go at this stock. After a considerable drop to morning's low, consolidation seemed poised to move it back up. Pulled to 3.50 before climbing to 3.65. Once stock began dropping again, got out with miniscule profit, reversing too very miniscule losses to turn me green for the day. Tough day for trading. Hope I'm still learning.
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