I thought after the $2.50 break it would go to $3.00 easy. Set my risk at $2.55, sell target at $2.95, so I had a 3:1 risk reward ratio. I am proud that I got in on a dip - instead of buying at the top. But it was foolish to buy so late, after volume dried up, on the Friday before Labor Day weekend.
Hold Second Green Day Into Third Green Day I bought this stock, because it closed strong and was up 30% on the day. I should have cut losses premarket, but I got greedy hoping it would come back. Hope is not a strategy. Once it crossed my risk level I should have sold out. Unfortunately I waited till market open to sell out. Resulting in a 11 cent share loss.