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This stock was a % gainer Thrusday so was on my watch for Friday. When the stock was gapping up and volume came in at the open I got filled at 2.40 and followed my plan on the way up. GOPH borke out over its previous high of 2.46 and continued to push higher. Soon the stock started to look weak along with the overall market so I got out with decent profits. My sell ended up being pretty good as the stock faded the rest of the day.
Looked like it was moving big pre market. This was what had ruined the play which is why I took a big loss. Im ok with that, I pulled the trigger when I had to, and majority of stocks today haven't been doing good today. So once I noticed the big wick on the candle I tried to exit ASAP but did not get executed right away, took 2 attempts
Sold way too early on this. Again the issue here was with my entry. Should have waited for some sort of pullback. This was a breakout where either you are in before or get in on the pullback. Key here was the pullback was in slower motion which gave opportunity to get in easily. HOD at the moment of 6.35. Lesson learned to not rush stuff
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