Yesterday I bought $BTUUQ after missing the first panic dip above 1.80. This is the last time I'm going to buy a slow moving stock midday that's red on the day. Anyway I bought when it made a triple bottom at 1.70 and was curling up. It basically downtrended at a snail's pace all afternoon and managed to hold the 1.70 level and come back towards the close. If it breaks 1.70 on Monday I'll sell. And after this trade I won't be holding any more trades overnight.
What's making you hesitant to hold o/n trades (based on BTUUQ)?
@thoe99 I'm more comfortable daytrading. There's nothing wrong with the BTUUQ setup but just expected it to be more volatile especially towards there close
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