IN@12:11 OUT@12:53 2 trades. Multiday B/O I dip bought this right above what i thought would be Temporary key support right above pervious intraday resistance. and sold into pops. Had near perfect dips buys and really good sells into strength. I just need to size up. Took way to little size on this. Definitely on the right track with this one!!
Held 200 shares overnight. Market down 500 points in the morning. Stock dipped initially, bounced back. Considered taking a small profit. Held as it faded. Added 150 share on what I thought was another dip. Continued fade. Finally cut losses. Stock continued to sink. Would have been down another $200 if I held on. Should have cut and run when stock could not get any momentum in the morning
I was hoping for the breakout. Bullflag at 52 week highs. Admittedly, not one of my patterns. I thought it would do better because everyone I know is camping lately, but let's face it: it's not in the hot sector. And it seems like earnings aren't doing that well as a catalyst these days... at least not in the long-term. Anyway.