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Last time stock was at 3.50 was Oct 2015, so PES was at multi-month breakout and uptrending all day. Potential to go to 3.78 resistance which was the goal. The stock just didn't move much but finished with a little bit of energy up 4 cents a share and a $6 profit. Again, goal was 3.78, but the stock just never got there. This is an energy stock, however, so afraid to hold overnight and sold at the close.
Only able to trade late afternoon due to a family birthday party. $AMD had gone g/r below 4.24, and was first red day after 3 green days. Not a pump and dump, but rationale of "1st red day" afternoon fade made sense. Because company is so large, the price action just wasn't much only moving between 4.25 and 4.15. Covered position near the close as scared to hold overnight for a $4 profit. Not intent to scalp - just worked out that way.