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Saw this end of day play setup just under VWAP and hold. Then volume came in at 3 at it took off. Little choppy on the way up and got nervous sold for smaller gain then originally planned.
Breakout play. In a little early based on the feel of the chart looking like it would break at $4. Had a etrade sell glitch so didn't quite get my exit but nice small gain. Will take it.
Small loss. Potential break out failed to take off w/ momentum looking like a very slow fade. Mental stop loss hit exiting. Maybe trying to force trade not seeing much of interest for me on scanner today.
Broke the 2.50 resistance. Entered into trade again. Getting some significant push back at 2.80. Taking small win. May re-buy into close for a extended day playing depending on how momentum holds up. Done for now today.
Using afternoon breakout setup of Tim Bohen's and VWAP. Broke at 1.90 resistance. Held to see if it would break the next major resistance level at 2.50. Failed to break and sold. Will see if it can break this resistance later in day.
Small easy profit. On a for sure win. Just had to wait for it.
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