I was looking to buy it on the first major pullback after the its ridiculous run up and sell into the bounce but missed my execution. So i let it play out and see if it turned into a fake bounce and panic again or created a higher low and kept going. I bought on the 3rd panic after 2 fake bounce but it bounced 20% on the 4th one. The bounce was most likely shorts covers and dip buyers coming in but wanted this bounce to create a potential short squeeze later on.
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Date | Price | |
---|---|---|
Entry | 7/25/2019 | 0.625 |
Exit | 7/25/2019 | 0.61 |
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