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Was watching this all morning, and was going to buy this at the 7.50 level but I wasn't at my PC and missed the supernova breakout all the way to 18. rip me. Ended up buying on the dip at 10.60 risking 10.20s, spiked up to 11.60 and formed a support level at 11.30 toward the end of the day. I decided to risk that level and ended up slightly panic selling at 11 when it broke down, instead of overnighting it. (which was a bad mistake, the next day we spiked back up to 18)
Bought this earnings winner on 52 week highs as it was breaking out intraday. Ended up selling the first half at $5.7411 so I could be patient with the second half of my shares. My loss yesterday was kind of effecting me though, so I raised the risk on the second half and it got broken at $5.65 making me sell with my average at $5.68, even though this probably goes further, was a decent trade! Still need to work on my patience.
Honestly this stock is a bit too expensive for my account, but I thought I'd give it a go because it was breaking out to all time highs and it looked like it could be volatile. It did end up reaching the days highs but it triple topped. I sold my first half into the second top, and the second half into the last top. Although it wasn't a lot dollar wise, I stuck to my plan and executed my sells pretty well based on the chart. Happy with this trade.
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