-$39 Loss
PTCTLong Stock
abercroe

Took this trade right before the close on a Thursday as it was holding well over the prior day high and had broken flag on daily chart. Was in a solid uptrend and had confirmed support over prior resistance of $41. Held overnight and initially opened real choppy. Then sold off. Discovered they had announced a secondary offering early that morning. Need to pay closer attention to news that might invalidate a trade and allow me to exit at a much smaller loss or even a small profit.

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Broker:Schwab
DatePrice
Entry8/23/201844.4006
Exit8/24/201842.95
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