oracle -1R
Stock has been going sideways all morning, perked up above today's resistance, then came back down. Bought on the lift off bottom, only to go lower, with me out. In hindsight, I was a bit early. Not totally wrong, just early.
Gave this stock a second try. As previously stated, not ready yet. Again, got out for a push. More importantly, didn't just blow enough to push me to the sidelines for another day.
Stock climbing in premarket pulled back a bit at open, got me in, then was up and back down to push me out. This stock will consolidate for a while, not ready for a move.
Entry comments: I drew the support and resistance lines and just speculating on price action going down
Took entry after the stock pulled back but it went against me. cut my losses quickly and took the L
Re-entry when breaking out past the $.70 level after nice consolidating during premarket. This was another failed spike. It seems it is failing because of the big gap up, so it is hitting resistance. Good lesson.
Bought this stock when it was gaining momentum after the market open. I was a little early on the entry, as the stock started to dip quickly, so I got out for a loss. Looking for re-entry if it breaks $.70 level.
Times are CST, Checked Finvis and STT. 2nd dip off 0.74 high of the AM
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