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Big volume stock held above VWAP, moved off the 2.30 lows...bought first 500 ($2.50) on a strong push off the lows...bought another 500 above my first entry at $2.57....momentum was strong ...still getting use to penny stock pullbacks and movement...have to have a strong stomach. Had things going on (accountant meeting...etc..) couldn't hold longer. Done to $2.50 off the $3.10 high... ( barf ) Always thankful to make money.
Entry comments: Back in BE with a better support level (major support). Risk is .85 with a mental stop at 4.40.
Exit comments: Great execution again. Spiked up and right where I marked my target for 7.5% gain and also a resistance point. Reached my target right before it pulled back a touch. I'm out and happy. I'm enjoying this steady growth of small gains instead of going for homeruns.
Entry comments: I wanted to get in this at open as it had a nice runup and I waited for a pullback. Example of always going lower than the support, as I just wrote down in my notes. As soon as I went in at 69, it b/d to 68.60. [Webull]
Exit comments: As that b/d left me a bad taste in my mouth, I got out above b/e, as one of my rules if there is a b/d from support and rebounds. Gotta play it safe.
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