Shared by:
_cup0fjoe
one of the biggest % gainers and a super low float of 988k attracted me to this stock; had news of $10M of purchase orders; small mkt cap (10M); just wary of its recent S-1/A; the micro-float made me super cautious if this went against me; after a LOD seemed to be set I entered, but quickly exited once my risk lvl was breached; I did excellent in staying disciplined; I was honestly hoping for a $WORX move where stubborn shorts had to cover, thus, pushing the price up along with a swarm of buyers
[HINDSIGHT] - noticing that I was anticipating a move, g&c reversal; I was being impatient; the 2 straight green 5-min candle should have told me that any entry of mines is a chase; it would have been much better to entered where I bought as a double bottomed looked to be forming on the 2-min, but then that hard pullback taking the strength of the 2 5-min candles would have made me wait for confirmation on the 5-min...then when it broke that 4 lvl I would have ignored it all together most likely
Execution detail:
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