AH Spike Dip Buy. Good entry on a show of strength after a dip off the initial spike highs. Could have had a 10% gain and sold for a loss instead because I thought it could keep going.
Earnings and merger news caused a tall pm spike that came halfway down into the open. After the open it made a nice deep bowl and then repeated. I got in as it broke over the previous high mark but it did not last and faded through VWAP. This is where I should have cut, but the previous support level was just a little further so I stayed in and averaged down. It never regained momentum and volume faded so I set a stop and let it stop out.
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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.
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.
