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Oversold RSI near a Alltime Low, off .88 high 4 days earlier.
Saw this during homework over weekend. Below VWAP with low RSI, and far off its highs. Saw the shorts pummeling after Muddy Waters article. Bought at 1.49 before it dropped to 1.29 and halted. Halted until afterhours. Next day rebound to previous days open as AKG released statement disputing the Shorts Article and hyping their press release on the 6th of June. Could be a buy around the 6th.
My first trade on my own setup and home work. Bought based on the low from the past rallies, just above the $1 line and under vwap with low RSI. Exited at the top of the rally the next day as everyone began to see it breakout.
Chased a breakout w/out understanding pullbacks and support lines.
Chased a breakout w/out understanding pullbacks and support lines.
Chased a breakout w/out understanding pullbacks and support lines.
Chased a breakout w/out understanding pullbacks and support lines.
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