Entry comments: Spike
Exit comments: Chase. Bad entry, bad exit. Just bad.
Missed the big run; tried to squeeze in a buy to catch a little more, but it dropped quick right after my purchase.
Bought this stock later in the premarket hours when it was breaking out past the $1.15 level. The $1.20 level was struggling for awhile but when it finally broke out past $1.20, it only got to $1.23 before it started dipping more. This stock is very choppy and annoying, so I cut the trade at my $1.11 stop loss. Need to step away from the computer, as I am overtrading today.
Bought this stock when it was spiking quickly to the $1 level. Entered the trade when it crossed a dollar, as dollar cross plays were hot yesterday. The markets are also red this morning, so I feel that played a part in the stock failing to spike more. Cut the trade when I hit my $10 stop loss. Good cut, as it dipped down to $.90 shortly after, then spiked to $1.15. Good trade and lesson.
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