An overnight short in AEHR may save the day yesterday. Hope springs eternal, eh?
I thought I had a runner in SGYP, but bought near the top. I was able to get out when the price action slowed, and made a little. That little profit evaporated quickly as I tried twice to re-enter when the price got above resistance briefly and fell back down.
The adage is true: anticipating breakouts is near futile. Most are false. I am glad I obeyed my stops.
Continuing to try to force this stock to do what I want would have chopped me up further.
Posted Jun 08, 16 6:33 AMbyjmjatlanta
Received 1 Karma
Just gotta find the right stocks. I anticipated the breakout on $FRO and bought just under $9. Now it's trading in the 10.30s 3 days later
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