These stocks can TOP out quickly, consequently it is better to take the conservative target when the price action shows signs of slowing. This stock had PLENTY of support in the mid-3.30's all morning long, so I did not have to worry about a massive unexpected DIP below my risk level so much. The upside on this stock may have not been the best, but having the confidence of SOLID SUPPORT because of the HEALTHY CATALYST really limits your risk and gives you PEACE of MIND in a TRADE!

Exited the trade @ 1.3401 because I though I had overestimated the bottom of the panic and that the bounce was going to fail. Decided to play it safe and protect capital by exiting earlier than my 1.30 risk. On the next 2 1-minute candles stock bounced back to 1.45, could have had a win but decided to play it safe. I learned that the 1st Panic is the best; however, I missed it because I was watching BLDP. IF YOU MISS THE 1ST PANIC, MAY BE A 2ND PANIC BUT IT WILL DIP LOWER AND BOUNCE WEAKER

SHORT SQUEEZES are REAL, but can be short lived and disappear FAST. HAVE to BE QUICK to take advantage of the play because they can move UP and DOWN FAST this can really challenge your Risk/Reward. On this play there was slightly more upside if stock was bought on the initial B/O; however, in general the upside was not so much better to make buying the Post B/O dip an unwise choice. STOCKS CAN BE FAST SO TAKE CONSERVATIVE GAINS!

Contract winner catalyst was good, entry price on a dip was a good move; however, the intended target of 3.42 was too high for the Daily Range of this stock. Past daily ranges are typically in the 0.15-0.20 range on this stock. My expected target was too aggressive considering that the entry price into a stock is very rarely at the bottom of its range. SET CONSERVATIVE TARGET AND AN AGGRESSIVE TARGET. Should have used 0.10 per share as my CONSERVATIVE TARGET and 0.20 as my AGGRESSIVE TARGET.

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