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A little bit of a foolish buy but smart sell on Monday morning spike.
First big green day. Had 3 bounces off .30 before the close so took it for an overnight. In premarket 2 double tops at .41 - .42 so I sold for profit.
Entry comments: Quite speculative but rumours of license news coming soon. Ticker does usually deliver a spike in the mornings and has steady support in the high .80's low .90's. A bit of a gamble for overnight but sector still has some strength.
Exit comments: Just can't hold and hope on this one. Speculation and hope have got me a loss.
Did not anticipate a market crash and did not react accordingly when it happened.
Reclaimed VWAP but is very bouncy and has a P&D feel to it. Taking a scratch profit instead of chancing a loss.
New high of day, potential run. Just couldn't maintain momentum.
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