I did not do my homework on this one. Retrospectively, float is 847M (gigantic boat) therefore volume of 4M right after opening was not going to move this stock enough give selling pressure from PM holders. Like Sykes says "cut your losses quickly" so I did.
Stock did break high of day, but again, bought late in the rise, didn't go much further up.
4/16: FGD on news, looking for follow through. Risk .74, target 1, 1.1, 1.2. Taking a loss here, not going anywhere, was looking for a bounce, but not getting it.
Remainder of the shares I thought I have sold.
Frustrating trade. Thought I was out of the trade. Still hanging on to shares.
This looked like it was making a cup and handle formation, but it just kept going lower and didn't have sufficient volume by the end, so I sold.
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