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Decent trade. I was risking 15 cents with goal of 42 cents, that why I sized down. Really nice formation in the 5min chart and you could tell the stock could run due to the previous spike. Sold too early (100 @ $2.60 & the remaining @ around $2.80), but thats fine. Havent seen a stock like this in a while so still being very careful.
Re-bought this EV play after a big dip. Bounced fast and then looked like it reached the top a minute later so sold right away before it dipped again. It did dip a little, but then two minutes late it ripped to 3.80 again. Not sorry I locked in the profit, but would have liked to grab a bit more.
Entry comments: biggest percent gain, fgd, catalyst https://finance.yahoo.com/news/spi-energy-launches-electric-vehicle-115800361.html spiked to the 4.20s today so im in on a dip with higher lows and hoping to retest hod
I admittedly tried to take a wierd pattern here: a morning spike that looked like it was going to start forming a staircase. But instead, it formed an "M" pattern. Also the good news that I was riding on looks like it got all its action in yesterday. Overall a pretty bad trade...I've got to stick to morning dip buys and legit news.
Bought this big % gainer on news of launch of EV subsidiary. Waited for initial shake out and bought the dip. Very choppy stock, but waited through a choppy consolidation period. When it broke consolidation I sold WAY too soon as it topped 3.80 the same minute. Happy for the single, I've been fooled too many times lately.
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