Tried to dip buy this on the 3rd bounce off the morning panic. Was poorly executed as I bought near the high on the last bounce. Great learning lesson for me tho, as I will try and stay away from the temptation of buying a third bounce as its a very difficult to play. I had a mental stop loss, if it breaks $9.00. When it cracked, I took a good loss in my mind at $8.97 then it kept failing to 8.88. It then reversed all the way back to 9.23. After this the stock starting consolidating between 9 and 9.15. Had a good play on the consolidation which is in my previous blog post.
Posted Jun 08, 18 5:11 PMbybriguy
Categories
Price Action: Buying Dips/Panics
Tickers
ACB.TO
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