Entry comments: Big Premarket Drop. Looking for a morning bounce.
Exit comments: Could not bounce and hold 5.00. Volume disapeared too
Oracle Recommendation - let price ride up, adjusted stop loss behind, sold for reasonable gain when price hit adjusted stop loss
Ugly smack down seconds after my entry. I saw it pop over vwap and I tried to play the dip off vwap. Then I held for a little bit through some sideways action. Lost all confidents in this one and had to cut it.
No bounce. Cut losses quickly.
These move so fast.. Within 2 minutes this was up to over 12.40, I bought first 10@10.89 then added 90 @11.70 and was out @12.21, then it was back down to 11.75 and back up to $13 in five minutes time and back to 11.20 a few minutes later... so SCARY.. glad I got a win.. lol
crazy fast drops.. these over $10 move so fast and jump everywhere.. you can make profits fast and can likely lose money faster.. lol
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