$7.50 is my lvl of interest!!!! My thesis was if break and hold above it then it can do moonshot and that's exactly what happened!!!! Great short risking $7.50, awesome stop out by taking paper cut. That was the best trade of the day!!! This kind of setup used to be my No.1 Account Killer!!
Then because I have no position I could keep my head clear and calm and attacked it but guess what it didn't pan out the way I pictured in my mind so I covered again. Then after I saw relative volume surged I longed and boom made big!!!
Was patient and letting it work but it looked like every breakout getting weaker so I got out. Then again something interesting happened near low $9!!! Everytime it tried to break below it, it quickly got brought back up!!!! This type of action reminds me of HMNY!!!! So I longed again and nailed near top and thought $10 is big psychological lvl will hold most likely.
Then I just let it do its thing because after 11:30am my edge is gone but the price break below $9 got me interested again!!!!! using contrarian perspective this stock must be long crowded at the moment and this type of move can't sustained and especially after observation of price action I got short again at low $9s and added when it looked like about to breakdown!!!!Everyone even including myself think every dip got bought and this time must be no different then BOOM~~~ everyone is thinking the same way and it snapped and never looked back from there!! I added at $8.70!!!
It would probably go lower but i don't care.
was very cynical towards it and ended up stopping out twice. did the right thing. Scratch trade.
OTC turd 's finally got dump day and I tried to catch the bottom but ended a few steps earlier. small loss!! bad casino trade!!! Remember it could get halted anytime and open 50% down!!! Keep that in mind!!!
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