STT scanner hit SPI. Most of the move already happened during pre-market. There was news of the company partnering with the Navajo nation, but no quote from them... weak news catalyst. And this company is getting into the hemp business even though they are a solar panel company...crazy. Put on 3 trades and none went my way. Cut losses quickly on all three trades.
Continued to watch YUMA. Original trade plan was to enter around $5.25. Completed Sykes scale and had a great plan. But, got distracted and missed the breakout upwards to $5.60. Ended up trying to chase another move and it didn't go my way. What I did learn is how sometimes its difficult to get out of a position. Don't get distracted and stay focused!!!
STT screener hit HEAR. Some past news about a partnership announcement. Was a FGD last week. Decided to see if it would close higher at the end of the day. Broke volume threshold and bought at $10.94 with a target of $11.24-34, but didn't move upwards and didn't break $11 convincingly. Should have exited the trade around $11. Closed position at $10.95 with a small profit.
STT screener hit YUMA today, energy stocks getting a bump in price due to news of a Saudi strike. The ideal price move action occurred during pre-market session. Made a mistake of looking away from the chart, and missed my planned entry around $5.45, and ended up chasing the stock at $5.70. And didn't stick to my rule of looking for strong volume as well. Cut losses quickly as per the plan!!! Don't get distracted next time when about to enter a trade!!!
Looking for a late afternoon play and STT scanner hit FRAN. Definitely late in the movement, so needed to be very careful and take the easy money. Made a mistake with order, bought instead of sold so had two positions!!! Immediately closed one, and waited for a little jump in price and got out. Never make this mistake again and make sure order is correct.