There has been a consistent trend this year of touching the 1.30s and bouncing back to 1.50s. It looked like there was room to touch the 1.80s so I sold half of my position and held the rest.
2nd attempt risking the double top 3ish area. Entered too early.
#4 short. Entered after the nice gap up drop and bounce off green to red. Exited as it kept pushing.
Noticed that this stock hit an all time low at $1.33. Was shooting for a 20% gain.
Purchased in July after learning that RFL makes the missiles for the Iron Dome defense system used by Israel. I thought it could go higher due to the amount of press the Iron Dome was getting, as well as the length of the war. On 1/15/25 I was reading about the cease fire and thought that the war would come to an end under the Trump administration, which is why I decided to sell.
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