Bear Market trading. Finding out that listed isn't my thing.
Should've stuck with my trade plan to NOT trade this stock
Entry comments: I bought this today (Friday) and will hopefully sell it on Monday. It was news about a contract win (subsidiary). I want too se some greater volume what it is now before the market is closing. which will be more predictable that the stock will spike on Monday or Tuesday. The news have hardly been public for more than 24hours. It takes time until people noticing the news and gets in.
Exit comments: Sold like 2 minutes after the market was opened It gaped down to $2.28/share immediately , I was aiming to cut losses at $2.35/share but that's the thing when you buy on Friday and hope to make profit on Monday. And my hope on this stock died before even the market was opened because experts and analysis didn't say anything positive which made uneducated people not trade the stock that was the only catalyst left for the stock to spike but this is the thing when you buy and have stock over days.
Stock spiked on news of EV charging stations. I missed the early spike but got a bit of the bounce back. I took an early profit rather than hold out for a larger profit.
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