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Here is what is currently happening.
Entered after the 2.16pm volume spike. Chart was holding up with catalyst. Exited when it started dipping into support.
Would've been nice if it trended above vwap but regardless it had a nice spike, chased it a little and then hesitated about taking 10%. I lost focus on the setup and went back to trying to make back the money I lost and got burned for it.
Bought this intraday B/O pattern caused by a short squeeze on a retrace back to its b/o. With Daily support showing 2.14, I used that as my risk. If it fails to squeeze some more I'll cut it. Was looking for squeeze to break HOD to sell into. Didn't do what was planned cut it for a small loss. Overtrading a bit today.
