Missed my opportunity with $SKLN on a pattern that has been repeating itself for the last 2 weeks now($IDXG, $NVCN,
$IMNP) and probably for much longer that I can even imagine. The stock was going up on volume, no positive news, no catalyst really and was heading towards a resistance level at 3.50 from 2 weeks ago (11.29). It B/O above this resistance and pulled back to retest it as support. It held support, but i hesitated to buy in, since i did not identify 3.50 as support level on time. The stock spiked by .70 cent in the next few minutes after it reached 2 NHOD.
Keeping myself on the positive side: At least i figured why the stock did what it did!
Posted Dec 14, 16 9:35 AMbyrumen_chaparov1
Received 3 Karmas

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