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CRON shorted the bounce on thishigher priced weed play. Took a position in the morning when it put in a quick double top then broke its morning sup. it had been trending up slowly for about a week on low volume and was nearing its prev high/ res in the low 23's. Plan was to hold o/n as i figured it would prob unravel slowly being a large cap. It retested its HOD but I held in there and didnt get shook out. went red by eod and had a nice morn panic that I covered in
Hold First Green Day Into Second Green Day/ Tough Lesson This stock finished strong on the day. It was a solid first green day and it had a history of spiking on its second green day. It did not do well post market and it struggled premarket. It spiked at the open, but then it began to collapse. I thought it would bounce back. My risk level was definitely breached, but I never cut losses. I eventually sold it for my biggest loss to date. I'm disappointed, but I don't feel any anxiety.
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