Looked like a good afternoon run up was starting. I got in too late and it started to fail. Out pretty much break even
bought in error realized next day and sold for small loss
What appeared to be an AH runner was more of a consolidation. I planned on swinging it overnight if it did not sell.
SSM pivot from Bitcoin to sport, premarket vol 8.2M, float 18k.Entered on VWAP reclaim, however with such a small float need VWAP to hold for 2-3 minutes. VWAP did not hold so should have quit sooner
Entry comments: Dip buying this big spiker on merger news https://tinyurl.com/yys8m4ja as its holding support well int he high 3s, I'd love a fast spike tot he 4s, it pops fast hence my dip buy, cut losses if no bounce though
Exit comments: Nice and easy single to start the day, you don't need to aim for home runs, predictable spike on rangebound spiker, failing at VWAP, would've liked it to go more but singles are fine after my sloppy day yesterday...focus on disciplined trades
Taking in small profit as these are learning trades but this could go higher and sadly I can't hang around to watch it.
B/O, A/H ET acct-- failing
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