RR was either being talked about in chat or was an xgpt pick. But it announced big news on 9/19 at 10:45 about a new beverage service robot. Stock jumped from .95 to 1.33 the first minute of PM 9/20…and then faded the rest of the day closing around .75. Had weird movement 9/23, but continued to hold the .70s. Found a resistance level of .80 on 9/24, and almost .90 9/25. Similar volume both days. I was looking for continuation. Iffy entry point but I thought it could bounce off previous HOD
We bought this after breaking news came out with an article that NVDA tweeted about RR. We thought that would help the stock rise. We average down because we got in right after a halt up. Well about an hour later, BN said the article was a week old. That did not help, so we held for two days and sold with barely any profit. Old news does not help and to bad breaking news does not filter it out first if it is old news.
Entry comments: Partial fill ont he dip buy of this former spiker now being tweeted by NVDA here https://tim.ly/3TCT1yJ and its going around all the chatrooms, goal is to sell int he $1s, moves fast, tiny position
Exit comments: SOLID single here, glad to have added on the dip, not gonna get greedy, single are key, thanks http://tim.ly/breaking3 for the alert, they're on fire today as am I
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.