Hey All,

 

I'm trying out one of the strategies mentioned where a stock closes at strong support but then dips AH/Premarket/morning. Obviously, I don't know if this will dip more in the morning, but I'm thinking, since it's a COVID stock, that it should bounce higher tomorrow. I'm hoping to grab 30-50%+ and was just wondering since it's my first time trying this if I'm making any big mistakes or missing anything.

 

I got in at ~1.40 and see support around 1.25 AH, so my margin of gain/loss ratio is pretty good compared to the next resistance points of $1.50/2/2.50.