1. Why was it a losing trade?
- No former spiking history
- Chased too high with entry over breakout
- Bought near the top
2. What factors influenced the stock?
- Probably the fact it was a new listed company, lots of speculation on the traders end.
- Shorts got squeezed later in the day
3. What mistakes were made?
- Too extended where i bought
- bought near the top
- didn't wait for last hour to gauge strong stocks
- Didn't wait to trade multi-day winners, I need to focus less on stocks that have had only 1 strong green day. Wait for a runup and a dip buying opportunity or HOD breakout past previous resistance
- Dip Buying / Breakouts