timothysykes

-$110 loss ACHN Long Stock

Entry comments: I dip bought this morning spiker off its highs in the 5.60s, solid multi-month breakout above 5.20, goal is to sell in the 5.60s or maybe 5.70s, nothing huge, FAST mover so be careful, dip buys only

Exit comments: Rule #1 cut losses quickly, this is a speculative stock that is not continuing its breakout very well so I play it safe, not a truly great entry in the first place, small position, loss of $100 is fine, potential re-buy later today if it can continue to hold the 5.20 breakout

Received 5 Karmas
sontop1980
sontop1980 Aug 09, 17 10:21 AM

i think that the traders and investors don't see premarket charts often so for them the supoort is at 8.20 not 8.40 premarket

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