Entry comments: Have been watching for the most part in the region of 80 to 90 cents, sudden spurt crossed over 1.10 and going up. thought of entering if it drops to 1.21, and just entered. will watch for another couple of hours, will cut losses if needed.
Exit comments: Oh, what a wait after the price dropped to a deep dive, was moving sidewards for a very long time, though the trend was slightly upwards, I was waiting for another spurt to happen, and it did happen and gave me an opportunity to get out with a little profit. Did it!
Bought on morning PM gains with clinical data catalyst regarding weight loss and only FDA-approved swallowable gas-filled intragastric balloon system. Identified support at 0.87, and monitored 5m chart candlesticks. Dipped below 0.87 but never held and noticed a valley of consolidation between 0.87 and 0.945, thus gave time to play out either way. Risk was .12 while gain was .20 - .30.
Entry comments: right when it has crossed 2.03 and going past 2.05 thought of getting it if it drops to 2.03, and set the buy order and waited. as soon as it was bought, was thinking of setting a sell order for a higher target, but saw a sudden spurt of 10 cents. thinking of holding for another hour and see what happens. will cut losses for sure.
Exit comments: it was choppy and waited till it moved up and closed the position to minimize risk