Quick mover to the downside as soon as I got in. CLQ
News came out PM the company finalized a partnership to accelerate AI co-development across southeast asia. Stock spiked from 2 to 2.70 before coming back down to 2. I saw 2 as a key level. Got a nice pop after the open. Glad I sold when I did even though it got up to 2.70 by 2pm. Definitely would not have held through that dip. Solid trade.
Entry comments: One more papertrade on this runner today that was far choppier than I thought as it actually bounced all the way tot he 2.70s...noe lots of support in the 2.20s, I'd love to see a bounce into the close and a run potentially afterhours, goal is to make 10-20%, just a test but lets see how this thesis does
Exit comments: I sold for small papergains as its holding below the VWAP and not really squeezing that much...my focus is now on CMBM which is a recent runner and just broke above key multiday resistance at 3, that's a potential buy for me into the close or afterhours if it can keep squeezing like this, potential dip buy but not chase.
Entry comments: Papertrade buy on this new AI spiker https://tim.ly/47ovY1Z as I teased in chat, goal is to sell for 10-20%, could spike fast so dip buys are key...cut losses if no further bounce as the market is down big today already
Exit comments: Cutting losses n this papertrade, just not spikign the way it should, maybe a chat comes in later and pumps it, but it did get up to 2.80ish, it just dropped too fast for me to sell there so now I must protect...video lesson coming later this week on all my papertrades, I'm learning a lot, but can't break rule #1 http://tim.ly/clq EVER
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