This was another trade on SLNO, a second 1-minute micro-pullback in anticipation of a new high of day at the whole dollar psychological resistance level of $3.00. The stock failed to follow through on my target of around $3.10, but I managed to get a good entry in the stock, so I stopped out with an 11 cent profit. Closed the trade with $34.02 in net gains.
Execution detail:
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