located 20k shares and my plan was sizing in premarket at least half using $4.10-4.15 as a guide/risk. Only thing I worried about is guru bashed it premarket which could make it a little crowded but again I traded with price action primarily so forget about what it might be whatsoever. I saw the resistance at $4.10 and I will go with it. Worst case scenario will be breaking above $4.20 and hold and started to gear upward then I will be taking it off and aim for $5 short with giant size. So even if it break above my risk lvl it is not that bad cus I could use more size. Nailed it perfectly.
shitty and sloppy trades on this. $2.25 as a guide and it did break above it on the 3rd min but quickly slammed so I should have sized in risking HOD o/u but given volume and far down below the VWAP I thought it wouldn't be likely to tough HOD again so I sized in full position using VWAP as a risk. Surpringly it kept going but it did exactly what I thought so I sized back in. Covered 1/3 near low $2 thinking it may hang around a while before making direction but nope snapped below it. Saw $1.88 absorbed big and sharp green candle reclaim then followed by picture perfect grinding up action so I said fuck it i am already have a great day why more headache and stress??
If HTGM and SKLN were not in play I would definitely touch this one. One thing that worried me was it cracked support yesterday so I thought badholders would panic out already and it put SSR on and today's action is pretty grindy so I said fuck it, no headache but in hindsight the best r/r trade would be sizing in 1/3 if not 1/2 at $1.90ish and planning to add on $2 break anticipating stuff. Again when I had a huge profit on another play my mind and focus is just not there.
Partly due to boredem but mainly due to weakness and $2 peaking out so I shorted it. NOt the type of trade I normally do so kept size small, room to add and tight stop lvl. Glad it worked out.
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