Released new on positive data on a drug for treating depressive disorder. The price held up near high of day all day, so I bought near support with the goal to sell into the next leg up. Entry was a bit off as I bought after it failed to break the hod several times and was struggling. I was right about the stock having more room to spike, but I should have waited to buy on a dip and bounce off the 5 min VWAP. Or at least rebought it after it broke the day high end of the day.
Newsletters:TimAlerts
Broker:TDAmeritrade
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Date | Price | |
---|---|---|
Entry | 12/5/2017 | 2.20 |
Exit | 12/5/2017 | 2.185 |
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