ENTRY: This was a forced trade on my part. The stock has good news and has run big since Friday's close, so was going to ride the continued momentum. It was a chase, and I knew that going in. Also butting against lots of resistance on daily. My thesis was it would break HOD and have a blow off top to 1.50 before reversing. I just wanted that .10 move. EXIT: Serves me right to chase and buy into resistance. I knew it was low odds and paid the price. Never buy HOD b/o into daily resistance. Duh.
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Date | Price | |
---|---|---|
Entry | 8/21/2017 | 1.37 |
Exit | 8/21/2017 | 1.25 |
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