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Here is what is currently happening.
Bought this low floater after it held support after an initial morning spike - was looking for the 3.00 breakout - it pulled hard and i cut losses as quick as possible - my risk was 2.9 - took a bit of a hit on this play - risk reward was not great - needed to buy closer to 2.9 and should have had a smaller position - lesson learnt. onto the next - its now basing in the 2.5's -