($17) Loss
ADMALong Stock
vstankosky

Gap up p/m - FDA approval & analyst upgrade. Dropped at open. Bought the trend reversal. Slow mover. Broke resistance at 5.60 with a crazy move to 5.90. I thought this was going to be the move that would set it trending upward. Reversed. Hoping to see it find support off previous resistance or support, but it shortly became a falling knife, taking out my risk level. It came back up and consolidated at my risk level. Not knowing whether it would rally or drop again I exited the trade.

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Newsletters:TimChallenge
Broker:ETrade
DatePrice
Entry4/2/20195.50
Exit4/2/20195.40
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