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after minor 3.91 support was tested a 2nd time around 1130 this was confirmation of a intraday trend changing support level and I traded against the bottom of that 2nd minor dip which was 3.98. My exit was due to large % gains but from a tactical perspective the initial crack ran out of steam @ 5.26 so my that was my reason for exiting at the test of that.
Had a good morning spike. I bought near top of first bounce after spike thinking it was secondary spike. Looking back volume wasn't there and it was near end of first market hour. This was also likely a revenge trade trying to "make up for losses" by averaging price down. I know better than that on a stock with history of not holding it's spikes at all. Dumped near end of extended hours to have clean slate going in to next week.
1st G day, 52 week high W V compared to other days & M/M resistance $2.60 breached. Saw it on the scanner and was a former spikier. V started to come in later in the day. I would have had a much better entry if I waited for the dip and got in around 3:50pm @ $2.50 when it was taking out the ask. Nice rip into the close to $2.70 HOD. Failed continuation, so exited but tried to be a little patience as it is an OTC
Entry: 1000 shares at $4.05. This stock has been climbing each day for the last few weeks. It had spiked to 4.15 at the open and then retraced. The pattern had been breaking new highs so I jumped in. Timing was bad, I was at work and it was a mid day purchase. It never broke over my entry point so I exited quickly for a $77 loss. It finished the day at $3.90. Watching for a short now.
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