I traded TLIH today. It was an earnings winner and had a crazy move from the low $2s to $4.61. After that, it consolidated around $3.70 on the 5-minute chart and started forming higher lows. I entered at $3.99, thinking it might retest the high of day, but the volume was not strong enough. I sold at $4.22 for about a $200 profit. It later dropped back near $3.90, so I think I played it safe and made the right decision.
Dip buy
Absolutely terrible day! I could not wait for my morning break out setup to happen. I jumped in early and after couple losses i tried to clear my mistake by over trading. Hope this wont happen again
Tradefundrr
Tradefundrr
Climb out of one hour consolidation could not sustain. But price range currently below market open, lucky to get out even.
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