Bought this stock at the RCT entry level. It looked weak right after I bought it and it couldn’t hold so it started dipping lower. Cut losses when it started to dip below the low end of the red candle/VWAP level. Good lesson on not to use the RCT pattern with lower priced stocks, for example, when they are under $1.
was a XGPT and also I liked the news on what the company was doing to aquire assets of 100%ROYAL Uraniums.It was a letter of intent.The stock sank to my stop, I thought that news would drive the stock up???? Today was a down day all across the markets perhaps that was the reason for the drop at any rate my safety stop kicked in.
THERE WASN'T CLEAR SUPPORT! PH play. A bit late as .50 -> .58 would have been a good trade (might have seen that top as it showed resistance on the next squeeze,) but didn't chase and had good entry after .58 top. Sold 1/3 for a bit of a scalp as it wasn't really moving... then it crashed hard and I CUT QUICK! Could have gotten out with less loss on bounce, but it could have kept dying as it bottomed at .42.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
