Attempted to dip buy this contract winner after it showed higher highs and higher lows, including a multi-day breakout @ 3.35, risking off 3.20 area, aiming for 30-50 cents/share. unfortunately, volume dried up, there were far more sellers than buyers showing significant multi-day resistance above 3.30, and it showed a significant trend change after dipping below VWAP so I got out quickly. Stuck to my plan.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 6/7/2016 | 3.32 |
| Exit | 6/7/2016 | 3.19 |
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- Percentage-3.92%
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