
Entry comments: Coming back to this stock today. Bullish engulfing candle today and buying coming in on Dashboard. 5X times normal volume. Recent high in Feb of $1.60. Got over $1.50 round number but did not hold.
Exit comments: Short float is high almost 20% but it dropped close to my entry by EOD so held a little longer to see if could get close to $1.50 after hours. It did so I cut it in this market. Still think potential is there but not going to risk a good trade.

I received this stock from a co-worker to look into buying it. Not a good buy looking back at the chart. A few things stand out. Still making lower lows on the daily chart, no volume, and did break out above at least $2.08 to prove itself that the trend was reversing. You will learn from this and sit on your hands when the time is right. Also, too much risk involved. 10% loss is unacceptable and broke my rules. Need to be closer to a 2-3% loss here on out.
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