Dip buy premarket mover on positive phase 3 news for Sjorgren's disease to be presented at upcoming medical conference. Down off it's HOD and bouncing of VWAP looking for a 10-20% gain. Got out as price broke below support and my stop level.
Entry comments: Taking this post 9:45AM Oracle entry at $2.14; high floater so it'll move slower. Stop is failing $2; target is $2.64 just past M/r. I have stops and targets in Webull so I can just let it play out today.
Exit comments: It got as high as $2.30; $2.29 was the next resistance level (before the M/r at $2.63) and in PM it couldn't get over the $2.40s. So should have probably sold into the strength at $2.29 even though that's only a small gain and poor risk/reward. I moved my stop up to $2.04 and got stopped out. Wish I would have moved the stop to breakeven since that was VWAP. Opportunity today was BLSK but only after 9:45, earlier signal was hit and dump
scratch
seemed to be at resistance.. got out@2.11 now.. but could turn. resistance was @oracle signal as well.. that is what helped with my encouragement..
Not enough volume, just taking off.
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