sold 7.02
reason for buying:
- low volume pull back from today's gap up
- spy on gap fill, looked like going to bounce at 68.80 ish
- took small position just to see if the market reverses
reason for selling:
- stock began bouncing..but i hated the volume, so I put up an offer at 7.05..
- the stock wicked 7.05 but failed to take me out.
- market started turning south again..as i gave it more time to work out.
- still no volume, so I hit the market order to get out..terrible fill as the stock was trading between 7.03 and 7.04. But profit is profit.
- that wick on 5min chart at 10:30AM is where i got out...CLOSE!
update:
- stock went south huge red bar to low of 6.92 on 2-min right after my exit. Now consolidating below $7. What a piece of junk. gotta be ultra quick in this market.
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