ENTRY COMMENTS: This was not the perferred low-float stock (48.5M) but good float rotation anticipated plus it was in a hot sector for today EXIT COMMENTS: The trade looked to be heading to the m/r but stopped at 0.49 and started to flounder so I moved the stop up to just above break even and eeked out a small win. This stock was potential double tap towards the end of the day but looked very choppy so quit for the day.
Should have bought on double bottom once regained VWAP, hesitated bout when EMA's flat. Held way too long hoping to pay back losses and just made a bigger loss
Bought on pullback and went to 0.53 , should have sold as EMA's levelled out.
after 1st trade it took this one on the same thesis of showing strength after 9:45 rule - i sold it too early and i know better - the lesson is the same - patience - wait for the dip - it too showed the 10-15% i was looking for after the sell-
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