Large gap up with tons of volume and the stock had low float. There was potential for this stock to move. I bought it on the second candle as it broke over VWAP since I wanted to get in early. This is why I did not wait for the 3rd candle like I normally do on most stocks. It looked like it was going to rip for a second but got stuffed by the semi round number of 5.50 and flushed back down. I was wanting a bigger move with this type stock which is why I did not take any profits at 5.50. I was hoping it would move similar to an AKAO which had news recently and was a good mover.
Execution detail:
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