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Here is what is currently happening.
Nice FGD OTC stock with news, had a nice breakout in the afternoon and expected it to grind up into the close and look for an o/n hold and gap up/morning spike. But volume dried up and support started cracking so i got out and it spiraled down into the close. Was very surprised this setup failed.
Beautiful OTC breakout, lots of indicators lined up perfectly on this trade. Only problem was it was midday so I didn't get greedy, i just took my small gain when I had it. It when on to breakout 10%-20% but in this slow market I don't aim for those bigger moves especially midday.
i was buying the dips to lower my other positions but exiting. will look for a bigger dip to add a position.
Exited as I had too many overnight swings. Going for singles.
Clearly underestimated the ah action but I'm happy with a single.
