This company had its first down day yesterday and went down more overnight. I've noticed that most companies tend to spike in the morning after their first down day so I bought and sold so quickly. I could've made more if I had waited another ten minutes or so, but I took my gains as soon as I could (my first double digit trade) and did not want to risk any losses.
Entry comments: I dip bought this recent earnings winner selling off on low volume/the overall market, now more than 50% off its recent highs, has lots of support in the 10.80s so that's my risk if I'm wrong but I think this can bounce 40-80 cents/share, I'd go bigger if volume weren't so light,t hat's the only problem here
Exit comments: So many mistakes on this one it's crazy, meant to only send to my longer term newsletter (hence the lower volume and poor pattern for short-term trading), meant to only get 2k, but ended up getting 4k shares, then the bid/support and I've been trying to get out ever since, what a humbling experience after my best trade of the year...gotta stay humble, will do video lesson this weekend on all trades today, the highs AND the lows
NHOD @4.68 ... in @4.77 out @4.81... way to early.. looked like it is a fake out.. but then went up to @5.00 ... I see this as a practice run since I normally do not do this midday plays.. also I need to get ready for work.. that probably was another reason I got out so quick...
Was consolidating pre-market around 2.09 and I wanted to see if it could break pre-market high at 2.49 (ignored the first tick at 7:00am @2.99 since it lasted only one 1min tick). Volume pre-market was total ~450k. Got in @2.52 and out @3.19 but it spiked/squeeze up to 4.30. Still pretty happy with this one
Entry comments: I rebought this recently hot stock that got all the way up to .50ish just a week ago so now re-buying at the bottom of the recent range, goal is to sell in the high .30s or .40s in the next few days
Exit comments: Sold my RAFA for a small gain, not bouncing like it has in the past so I'll take my small gain