Wow! what a week. I finally go past the PDT and was on Thursday Kind of overwhelmed and on Friday I was overtrading. I have to get my Psyche in the right prospective not to lose my Money now when i come that far after 5 months. I should have made one trade, when I bought $AKTX the first time at 8.65ish with good risk reward and Keep cool but then I´ve got a lot of stress during this trading day.
After the Long Position I wanted to short 3k Shares at 10.5 but only got s.th. about 150 Shares and i waited to get a fill. LOL!!! what ironic haha because..
I dont recognize that a really sweet Long Setup was build - i was blind.
As I saw it i went Long with roughly 2.5k Shares (to big) and sold near Close as it was coming down under 10.75ish$ just to take it and let the stock run wherever it wants.
Then I saw it closing really strong - like the whole day. Every Moment when you thought its done it was gotten bought up to an uptrend so I bought during a/h again for a Long Position and a Gap Up on Monday.
- The volume was huge, the Shorts are huge, the float is small. Lets kick it over 11 on monday and i think at max we can get 14 IMO. And when its started red, there is a lot of Support where we can sell so i like it to learn from it. (My sell/mental stopp is by the way 10.75ish)
Many biotech stock did this move the last weeks (for example $CBIO) and I never profited from them because im just to scary because Ive got burned on $IDXG weeks ago. But as I saw we dont have bad News on friday a/h I risked it.
What are youre thoughts on this stock? Leave a comment if you want.
Hope we all have a safe Weekend - best regards

nice
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