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ABBV Beat on E and R Y/Y UP. Had to be patient. It took a few days for the stock to pop on the positive earnings numbers. Remembered in a lesson from Tim that sometimes it can take a few days. That made me hold a little because my thought pattern was correct and I needed to wait for the move. Got out at $84.75 because chart made a double top and 1 year resistance was $84.73 on 4/2019. Stock actually ended up breaking through resistance and is trading above $88.68 on 11/18.

Made the mistake of buying to early in the day. Bought in the middle of an up candle. Had the chance to close up .10, but wanted to wait to see if I could get .20. Dropped to my mental stop loss and exited in case it went lower. Need to wait to look at the market close to 3pm (market time). Sometimes it is hard to sit on hands when a stock is running.

Thought I was buying the dip at $7. Turned out to be the support turning into resistance. Trade executed mid day all before 1pm (market time). I had noticed the chart had been stair stepping lower all day, but thought $7 was the low. When DPW didn’t hold support at noon and broke lower I should not have thought when it was trading around there at 12:17 that it was going to continue running. Should have been patient to see if it would hold that level.

Entry comments: Morning spike 2 days in a row. Trying to get another afternoon/morning spike into tomorrow.
Exit comments: Had an opportunity to close at $0.06 which would have been a plus. Saw a late afternoon spike yesterday and wanted to see if it would carry into today. Saw it was down another penny today and exited trade. This will be the last trade I make before finishing the DVD I am watching. This was a gamble and I did not understand what I was really doing. Lesson learned.

Entry comments: Was at $102.65 and moved up strong at the end of the day. Looking to hold for today and until it goes red. Need to exit if it reaches $102.65 again. Could drop hard from there.
Exit comments: It played the morning spikes a few days in a row. Held over the weekend and sold during a morning spike. Did not want to hold into the next day because a dividend was scheduled to be paid out. This was a safe play that allowed me to get used to seeing morning spikes. Bought this one mid-day and should have waited for it to drop before I bought. Could have easily bought the stock for $0.20-$0.30 cheaper.

Entry comments: Stock is starting to reach it’s 5 year low. Downside appears to be $14 ($1). Upside is $22 with a 2.76% dividend being paid out likely around 6/14.
Exit comments: Should have exited the trade when the stock was at $15.70. Once it dropped I figured it was best to wait for the dividend, which is added into the stock price above ($0.105/share).
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