1. Why was it a losing trade?
Didn't wait for the breakout to happen, bought into a straight up spike and got shaken out on the pullback, either wait for the pullback to happen or don't trade at all. Don't anticipate.
2. What factors influenced this stock?
Float was small so very volatile, volume was unusually high. Acquisition news. Overall market was shaky I believe.
3. What mistakes were made?
entries are way too early. Got shaken out too early. Didn't wait for HOD breakout over previous resistance. Didn't look at overall big picture. 5 min chart was doing fine, 1 min was scaring me with all the intraday noise. Had I waited until breakout I would of been in better shape, even though the upside was only 20 cents looking back at the historical chart.
4. What was the pattern?
Morning Spike
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