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Stock consolidated nicely around the 2.80 zone. Entry at 2.80 with 2.70 as risk. Plan is to sell at $3 test. Big % gainer, with antipicated Hype FDA news of Lung Cancer results release on Wednesday. Sold due to it breaching risk, look to see what it does into the close, possible rebuy at a better position for FGD closing strong, solid Volume, with good catalyst, crummy chart may cause difficulty on day 2 run and potential company financing due to lack of funds.
Entry comments: I bought this recent runner that's testing day highs and has recently gotten clobbered, would love to make 30-50 cents/share on any bounce, if it breaks above 16 it can run nicely I think, but just aiming for a single here, not a home run
Exit comments: It tested 16, but couldn't breakout so I'm out for small gains/basically a scratch...worth a shot on this recent Supernova, maybe later today or tomorrow morning, watch that 16 level like a hawk for that key breakout level!
Good entry but average exit. I noticed this making higher lows after a bit of a morning panic, aimed to buy before the r/g breakout and risk off of support around 3.25. Stock moved exactly how i wanted it to, but i wasn't patient even though the 3.40 resistance was being constantly pressured, i took profits at 3.37. In the future i can look to take part profits into resistance but hold onto a part position and stick with the plan
Brought 1200 shares of PRPO @ 0.559 at market open once it broke a resistance level of 0.55 thinking it could be a morning spiker. Instead the stock started dropping, volume dropped a bit and big sell orders were coming through. Sold shares @ 0.545 for a small loss. Still getting the hang of morning spike pattern.
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