After closing my long after failed breakout, got short as bids below 2.60 started to get hit with volume. Smaller size as GNPX was strong all day and I was still anticipating break of 2.57. Volume levels held, leading to another test of highs. I tried to get out at a better price but was not fast enough with TZ order box.
This was a bit of a forced trade for me. On stocks with this much strength, I need to wait for a clear rejection or break of a volume level, which I did not get on GNPX.
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