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Stock was up 10% yesterday on good revenue announcement, huge volume and closed at its highs so decided to take an overnight position as it was close to BO. I expected it to have more legal and continue to test the BO today, but it didn't and volume dropped off completely so I got out for a small loss. Perhaps a bit too impatient but better be safe than sorry.

After big sell off yesterday it bounced off 6c and made its way up to 7c which was yesterdays HOD, when it cracked 70c convincingly I bought in expecting it to be able to push higher. It didn't and when it cracked the "new" resistance level of 70c I sold for a small loss. Good trade although probably chased a bit too much. Took a tiny position so nothing lost really.

Entry comments: I have traded XPE a few times now and was waiting for another entry point. I dipped today to 3.5 at which point I still wasn't convinced it wouldn't dip more. However after a late investor presentation for a roadshow in North America this week the stock reacted strongly upwards and I got in 30 seconds before the market closed. Since the stock tends to react strongly to good news I believe this can spike more tomorrow, so we'll see if I'm right tomorrow morning!
Exit comments: Reversal play, bought 200,000 @ 3.8, but could not hold. Averaged down since I still see this as a FA play with strong support @3.5, another 50,000 which brings my average to 3.74c. Exit: biggest loss ever. This hurts but this stock has been sliding even more and with very poor management and a share consolidation announced it was sliding even more. Had to pull off the band aid, should have done that a loooong time ago. Upwards and onwards.

A2M came out with better than expected numbers - gapped open to 2.56 breaking previous highs, waited for the bounce and got in at 2.50 however was not bouncing. Waited to see if it would hold its previous day high but when it went from green to red got out for a small loss. Better be safe than sorry. Could still bounce, will be watching closely today.

Entry comments: Another long term favourite, NUH. Promising quarterly, product close to finishing, potential distribution contracts soon. Swing trade with strong support around 6.1, CR price was 6c so decided to get in for ST/MT.
Exit comments: The first result of the new strategy! Although it took a while to get there. I bought at 6.1c and it dipped below but I held since I'm convinced by the FA of the stock. Over the last week and especially last two days the stock was trending upwards and I decided to take my profits. NUH is close to delivering their first batch of IQbuds + I expect a big distribution deal as well soon but I'm betting on the price coming off this level a bit to get back in. Could be the dumbest move of the year!

This was a bit of an experiment where I decided to playa reversal patterns and buy in at 4.1c. Straight after the company went into TH and came out dipping to 3.9/3.8c, I decided to hold since it had strong support and was rewarded today. I took the meat of the move, could have made more but can't argue with profits! Since it is moving on no real catalyst I decided to get out and get back in when revenues are communicated to the market. All in all not a bad trade, but it tested my patience.

I was watching IFN as it was a % gainer yesterday. It opened up higher and when it was testing the intraday high I got in expecting it to break when volume came in. It didn't and there is a wall of sellers now at 9.1c. I don't have time today to see if it might attack that level again so I decided to get out for a tiny scratch. Better be safe than sorry!
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