Liq trap
Poor planning. Random.
Entry comments: SUNE running again. With potential to at least mid $'s with recent high of $9.45 but usually a one day spiker so don’t hold. Chase a little thought about buying around $4. but watched come to $4.04 then up al little 6X normal volume. Only 4M float. Got to $4.50 and pulled all the way back to $3.80 now going up higher and Volume 9X normal now.
Exit comments: Feel lucky to get out after being down to $3.40 area.
Bought on VWAP Bounce. Volume Good and increasing. EMAs aligned, Lower float. Sold into strength after stock started getting choppy. Screwed up the entry amount. Missed a Zero.
Nice banger at the end of the day & week! Risky by averaging down but felt the momentum was present & target price was achievable so monitored the trade accordingly & made sure to exit once target was met. Overall great trade with a nice profit to go with it.
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