Great start to the week. The SPY was trading outside its previous day's range, so I felt more confident to be a little bit more aggressive today.
The first trade was on DARE. The charts on this stock were very strong pre-market, consolidating below the pre-market high on the intraday charts. The daily chart showed a large window around the $3.00 area. ATR was 0.17, which was good according to my metrics, and it had good news on female reproductive health. It was an A quality setup.
I regret not taking more shares in this trade. I think it was because I was below margin requirements, although I was able to use margin even below I was trading below $500 on ADMA. More on that later.
I entered this trade pre-market on a low number of shares. I stopped out when it was breaking below support for a scratch trade. Closed this trade for $0.22 in gains.
Execution detail:
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