Position: 1. Entry: AH with news. RCT. 2. Exit: when stocks fading. Comment: didn't check STT platform for M/r rejection. Comment: Need to continue to practice patience and be disciplined.
dip buy and support, then it failed, cut loss quickly
didnt look back and see it had rejected at 1.86 a few days ago lesson learned
Bought this stock when it was approaching the $2 level for a breakout, as I thought it could run due to the float and volume. It was struggling to breakout convincingly past $2, so I cut it for a small loss. I want to protect my gains from earlier, so I am keeping my losses small. Good trade and lesson.
Entry comments: Partial fill ont eh bounce off this big premarket spiker, looks to have trapped early shorts, goal is to make 10-20%, moves fast so small position either way, but losses if it can't hold the 4s but this can squeeze nicely
Exit comments: Whewwwwww, what a rocketship, that first fade caught so many shorts off guard, this is a former Supernova, right idea, right plan, glad I executed, thx http://tim.ly/breaking3 for the heads up, what a rush!
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