Going for morning strength after a good setup and close yesterday going to the MDBO level. It didn't gap up which was already some warning sign because it closed well yesterday but the volume and strength was good at the open. Bought with risk on open price. Had some real struggle to take out the HOD which was not a good sign, a strong stock will have good continuation and strength making new highs pretty fast after the initial morning spike high.
Continuation play. It struggled for a few days at the low 0.01 level to break convincingly and hold. Once it was able to do that yesterday, this was the sign of another run. Sadly I bungled this one completely. I got no fill on the dip n' rip pattern at the low 0.11 area, then no fill at the R/G move before it goes green and no fill at green. So didn't want to chase and it worked perfectly according to the plan.
Missed the morning spike as I didn't know that it had good news articles premarket from big names so I only had to react and wait for the 1st turn pull to VWAP. Sadly it couldn't dip below VWAP which puts me in an uncomfortable situation thinking it can still dip below it. Felt scared and didn't want to lose money plus knowing it can still go lower below VWAP and it is not spiking fast enough I decided to sell. The problem was that it did dipped to VWAP but again
FGD pattern. Great small gap up and dip n' rip action, caught the dip and decided to sell when I got to a nice $100 profit. Sadly I was not fast enough to sell and it only filled a small portion of my order and immediately had a nasty crack which is not a good sign for this ticker so didn't think it will bounce back again to my original limit order price where the rest of my order was waiting. Cancelled and immediately mkt sold the rest for a scratch win on $15.00 bummer.
Breaking news play on some good news in a usually good spiker ticker. Took the strength pouring in with a good solid entry and once again had an issue with the sell for some reason when it gave me a certain message about trying to limit sell at 0.0046 but immediately cancelled and mkt sold at 0.0045
Good looking chart holding the multi day breakout level and above it, also above VWAP and trending higher. Wanted a dip closer to VWAP to enter but it took out HOD so jumped in even though it is far from VWAP but having a nice risk level of 3.75. It started being weird and became very weak immediately when it set a new high so decided to exit and wait for it to decide where it wants to go.
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