Recent runner, same thesis. bot weak open on dips vs $4 LOD around multiday levels. added with quick execution on the r/g move. sold 1/3 into immediate strength but vol dried up and faded off. took rest off for roughly break even. was out first pieces in 4.4x's 4.5x's. rest 4.20ish
Bot morning weakness on first gap up day former runner. recently got slammed with an offering. but offering price was at 1.60 and now trading at 1.3x's. was looking for a bounce up there. got one in premarket just for a minute. thought about holding over the weekend but didnt want to think about it. IFRX much better bouncer today, picked the wrong ones
Chase size on a midday HOD break. seen these HOD breaks working lately. it got to 4.25 and just failed rest of the day. stupid trade, not my pattern. back in the very beginning of trading I was all over HOD breaks and lost, but because I saw it working for others I gave it a try. Stupid trade. onto the next, focus on my niche
Bot the morning weakness on higher lows. only sold 50shares into the 70's. was looking for bigger picture move (consolidation and HOD break later). did for an hour or so but broke down. took one last dip add with LOD risk. but it kept fading. Morning gapper with crazy vol, I knew about dilution just figured it wouldnt affect it much. especially with all the 30cent runners recently.
Entry comments: Big Vol held trend vs vwap all day. closing strong. small ATM out there but not much to worry about. thinking big picture. havent seen vol like this. no real overhead res, ep's up at .60. looking to gap it over the weekend
Exit comments: Got the gap, sold some into p/m ramp just after 7amEST. and took the rest off into morning push out the open. didnt stick around for the .60 push into midday but stuck to plan and solid gains
Dip bought this recent runner that bounced off previous days highs. this was 3rd green day so a bit more risky/extended. but I was aware, TLRY was spiking big and making new highs, thought ACB could be sympathy it never really did much so I just took it off. small loss, tinkering and testing
Entry comments: $1 risk, LOD. bot the morning panic on a recent runner. non compliant ticker. instead of "predicting" it would hold I let it prove it would, and bot with LOD risk. sold 1/3 into 1.18 immediate bounce. holding a few more o/n
Exit comments: got the p/r in premarket, sold into the immediate vol surge. but didnt have any continuation so just took the rest off.