This post isn't really for teaching new traders but more for just my own learning. So I had $DRYS on my overnight watch list waiting for it to hit support for a potential dip buy. Right now it is at 3.85 and a double bottom for the day. It did spike up 15% and I missed my buy order. So now I am looking at it here at that same support level. However, the price action doesn't seem to be indicating a rebound and the volume is as weak as Hillary Clinton's foreign policy. So its a no go for me unless it can gain some bigger volume. Am seeing some choppy breakout attempts but I like to see strong volume and a nearly immediate bounce off of support. I missed my $DHRM buy as I was watching $DRYS and all the other big spikers, but I did call the short squeeze last night in the chat and was dead on. Am working on staying focused on my watch list, but I just love watching supernovas lol
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@toyshika :)
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