bought perfectly at the breakout level and gained .20 a share. perhaps got too greedy and should of taken it but was expecting a larger move than 2% after breaking all time highs. watched it give back all its gains and got out for a $5 loss which i cut well. knew it would squeeze into the close but didn't want to waste a day trade scalping.
This is a MJ company that was having a 52 week high breakout with clear skys..it also had good news that morning. I sold for a single. one thing i can work on when it comes to morning spikes is scaling out...this breakout hit $6 in the afternoon...There was no way for me to lose on this play