Stock broke recent resistance, but I got in late. Furthermore, this peak was remaining day's high. Not a great trade, need to work on reducing number of trades and increasing probability of success on chosen trades.
Third attempt - Broke my rule of 2 tries max, but the reason I sold earlier was because of the market not the stock. However, the market has not decided what it wants to do. So I played it safe. Will no be surprise for a bounce back to to highs. But mentally done with this one.
Second attempt - Didn't really wanted to sell, but the market was tanking so played it safe
dip buy on hot sector
Went to sell into the 5.40s but market order. Figured 5.50 resistance. Lock in safe.
Premarket. Looking for a bounce.
Entry comments: Creeping up scanner. Usually don't like to take a trade going golfing but looked promising. Had a sell in for $4.49 in case it spiked. It did but only got to $4.46 earlier. Thought it might push that before EOD so taking a shot. Pulled back to $4 area and held while I was golfing so holding over night. After hours now back to $4.19. There is a little bit of a gap from $4.60 to $5.30 where it dropped last Nov. Looks promising so holding.
Exit comments: There is a little bit of a gap from $4.60 to $5.30 where it dropped last Nov. Looks promising so holding. Volume ended up 3X normal. On Sunday night hit a high of $5.30 area so put a sell in Sunday night thinking might get a sell into Monday morning. I put it at $4.80+. It did get up to $5.50 area before market but then promptly started dropping and closed at $.490 area. Glad to be out good profit.
Listed Psychedelic 1st Green Day
Listed Psychedelic 1st Green Day
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
