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bought this breakout at 12:45 there was a volume spike, but it only gained 6% from the BO and then failed back below the BO level so I protected myself from turning a small loss into a really big loss by cutting quickly.
This was a past supernova which has been falling for about a week I bought the support after a huge panic mid day. Sold for 10% gain because it rejected VWAP.
Well, no real strategy here. I did it for the meme, I should have sold on the news that buying was restricted, I was up over 200% at that time. Cant complain, but no lesson learned on this trade because I can't replicate it and I don't normally buy meme stocks off the hype alone.
bought 9:49 am sold 10:21 am again, I entered this morning breakout on the first pullback way too early. I am seeing a pattern of this mistake in my morning losses. My goal now is to watch more of these from the sideline and work on timing/ noticing where the support level really is. Again, glad that I cut my loss where my risk level was (at support line of .0275) because it dropped a lot more and I avoided a bigger loss.
I bought into the first pullback at on this multi day b/o, perhaps it was too overextended and I should have waited for signs of better support levels and more volume for this one to go higher. Cut my losses early, and glad I did too because it faded all day after
dip buy into power hour but got in too early. If I had waited for better support I could have gotten a better entry for profit, instead hit my mental stop loss and cut quickly.
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