SPWH In much too late $5.85 out today at $5.53 as it started to lose steam again.
I think we'll call it a 'non performing event' if the spike had happened early in the week perhaps momentum would have been there to keep it going. But hey the weekends are needed aren't they
Is it best to buy these just after the first morning spike in the dip and sell into strength on day two/three etc?
Why the down face ? losses are part of the game and you will have many more losses to come. The question should be what did you learn from the trade? IMO SPWH double topped at 5.94-6.00 twice and got rejected. That was a potential short. I myself shorted it at 5.67 g/r action but it moved too slow for me so i just exited break even.
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