Shared by:
blackie_trades
Bought this way to early. I though it was breaking out, but it seemed to be a double top after which the price faded. I tolerated a risk of 2% on my total portfolio this time, which got hit as well.
Unfortunatel, as in the after hours the stock really started to perform and closed very strong.
I should have waited for a dip into consolidation or for a true technical break out where resistance becomes support. Such dump mistakes I made here, which have costed me.
In the end the stock closed strong, so I might try to scalp the open again.
Execution detail:
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