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Power signal play. i wasnt to off on my thesis here i could of bought at a better price at .17 cause thats where stronger support was. the sad about this is that it did spike up to my goal which was .24 but i was to busy leaving work not checking my position or else i would of gladly sold for a 20% win. may i need to start using profit takers

i was excited for this trade because i like the chart and the set up, was a power signal play and it was on point. however i simply played it wronged. because i was excited to see a good set up in this current down market i wanted to trade it and i was sure it was going to go up. i lost track of time and thought it was the after hours when i bought, i also did not analyze support and resistance lines well enough before buying, if i did, i could of done alot better it had a nice bounce

Nasty loss but few mistakes were here. i thought that this may had been a earnings winner because in the after hours it had spiked in response to earnings, even though i was aware of the bad rumors about the stock i wanted to let the chart do the talking. second mistake was i did not wake up early enough to catch this falling knife before it got out of hand. next time on a earnings play i will let more news and more volume dicatate wheather its a true earnings winner or not
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