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This was a failed breakout short. I shorted after I saw the long wick over the opening high of 2.38. It had a pullback like I expected, but I got out because I did not like how it bounced off the VWAP and was starting to consolidate. My goal was to cover around the lows of 2.10.
Bought this intraday breakout. News that the company rejected an offer for acquisition. Not great news but the chart was strong all day. Didn't like the breakout, thought it was too extended, tried to cancel order but was filled. Let it play out anyway and stuck to my original game plan. Pissed that I missed my ALPP execution earlier, it would have beena huge gain.
it was on my watchlist call it this morning 4.44 support it drop 4.07 when i saw it it was 4.40 bounce it was good drop from yesterday hi 4.92 dont wanna chases the bounce but it broke open hi 4.47 got hype executed 4.50 not big position top 4.80 that should be my exit point .25c profit try exit twice 4.74 not got executed stock keep droping made another mistake after not executed at 4.74 try AIM for more turn out stock drop 4.44
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