Entry comments: Taking $2 risk size on this breakout continuation play that looks like it's about to bust M/r. Risk is lower level, $1.59; looking to take it into the next M/r at $2.
Exit comments: Cutting it here early as it's just looking weak, lowering volume and RSI plus failing 9EMA. It was definitely more of a swipe through M/r versus a bust and I'm not going to sit here for any longer and watch it do nothing. Maybe it can hold VWAP and be a decent afternoon trade.
I was the only one watching this play. No one in my chat was talking about this. It was on my watchlist from yesterday and I made a decision to put in a "stop limit" order at the price i thought it should cross in order to spike! I didn't listen to the crowed - I came to my own conclusions about the trade, made a decision, then executed.
ORB ENTRY WRONG TIMING
Learning
Taking tiny win here on this entry and want to be safe and not hold longer in choppy market.
scratch
This time breakout occurred. Sold near the top of this jump. Should jump again.
Topped recent resistance, but then pulled right back down. Needs more time to consolidate.
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.
