Paper Trade - Oracle Recommendation - Bought 83 shares at 3.58, sold at 2.49, lossof 7.47, 2.51%
Entry comments: Taking this D1G low float that had some signs of life in the AH / PM but no float rotation until after the open and then really ripped. Taking the dip down to VWAP that's lining up with the S/R line with 1 min green candle holding above, risk is failing that level $4.47. Target is M/r $5.79 but would take some off at $5.49
Exit comments: Wow, huge loss here. Major slippage as it completely fell apart right after my entry and I didn't have a hard stop set in place with the broker. Took it off as it was a falling knife - still will always do that as I never want to risk holding and hoping they come back to my stop level as they would halt down, halt down and then I'm 50%+ down. Gated it well, stayed patient. Just a loser. Looking back, it didn't have any news though not a confirmed chat pump either...
Need more patience as this kept going to 5.19 & wicked to 5.69. Good trade overall.
In near the top then it dumped, cut quick.
ENTRY COMMENTS: Tim Bohen Daily Scanner Pick with promise. EXIT COMMENTS: Held this as a swing trade for one week and it did not go as thought. I held past the risk level stop loss think the noise from Space X IPO might be distracting from regular business. Ended up giving it up today since it had a significant impact on my daily funds available. Bigger than usual loss. Will need to rethink the value of these scanner trades
NOT A DREND I WAS LIKEING, HELD AGAIN WAY TOO LONG .
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