-$110 Loss
ADNCLong Stock
TraderPete

Looked like it was forming a base, entered in anticipation of break above 14.20. Chart brokedown, got out of trade quickly.

1
000
DatePrice
Entry5/6/201314.02
Exit5/6/201313.80
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TraderPete
TraderPeteMay 09, 13 8:21 PM

I read the chart right, but didn't play it correctly. ADNC gapped up on 5/8 above 14.20 and the breakout was on but I failed to jump in. As of 5/9, ADNC closed at $16.29 #lessonlearned

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