-$120 loss PRPL Long Stock
Entry comments: I dip bought this new earning winner that was just trading i the mid 9s and came down quickly on a low volume setup since the mid 9s are also a multi-month resistance...goal is to sell in the low to mid 9s as this has run in the past for multiple days, support in the 8.70s if I'm wrong
Exit comments: No bounce so rule #1 is cut losses quickly, still green on the day thanks to earlier gains...don't let small mistakes turn into potential disasters by being stubborn, small losses are part of the game!
Got it cut loses asap.
And that is called being Disciple people! If the trade doesn't go 2 plan; U get out!
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