An earnings play, announced three days ago, which announced a smaller operating loss from the year-ago period, and showed a positive cash flow as opposed to the year-ago's negative cash flow. I thought it had legs, and my goal was to make .50 to 1.00 on this earning's winner. My mental stop was set to 2.15 and 2.10, planning to lose .10 to .20 a share. I was hoping more volume, over 500k, would come in, but didn't, and I didn't like the chart pattern or the widespread, so I got out.
FGD - Failed PM Breakout due to PM Max Gain of 16.95%. Dropped down to clear support and with heavier volume than yesterday's support it actually broke out at the 1.82 area for a multiday breakout on FGD and heavy volume and a max gain of 18.8%. Plays are starting to get clearer and clearer day by day. Stock trading rocks!!