UGH. I entered before the 11am spike and did not get executed for my out. Was then pulled away for a family emergency and when I was able to reestablish access to my account, it was below 1.50. I should have cut and run but held on, hoping for an afternoon spike, since it is a contract winner. This is what happens when I am dumb and break the rules. Congrats to all that played this right.
Much better! Quick synopsis/after action: -How'd I find it? Stock screener app / unusual volume trend -I knew shorts would be circling today. I would have shorted too if not for restriction. -I was PATIENT!!! Entered with a starter and simply avg down with close eye on VWAP, which was my main guidance, in tandem with tracking the volume.
Entry comments: Speculative CHART trade slow sto 20 pattern.....their PERFORMACIDE product is registered with EPA as a virucide against the coronavirus. Personal stop loss 4ema and personal target 4's if it works
Exit comments: stopped out remaining few shares ..profitable trade as I followed rules and took partial profit on the moves into the 4's