WATT Trade on Jun 9, 2020 16:09 from _cup0fjoe: Tradervue User Stock Trades.

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_cup0fjoe

 

ran up towards power hr on patent news. Float was 33M with heavy resistance of 123M + 14M from April. The stock stopped its move around tht level. I knew it wasn't anything I was comfortable playing, which is why I used 1/4 size. But with NASDAQ hitting all-time highs and IZEA doing something similar yesterday releasing news into power hr and gapping up today, I thought $WATT might do the same. I liked how there wasn't any recent shelfs or offerings.
Entered on a pullback with the thesis it hold VWAP/ $3 lvl. Once it broke I had to exit, of course I waited for a bounce but it kept going lower. 2019 me would have just held and hope, but I made sure to stay disciplined by sticking to my plan, but also not wanting to ruin my good trading for June so far. I don't care tht I lost, what I care about is tht I stay discipline to keep my losses small.


Execution detail:

Date/time Symbol Side Price Position
2020-06-09 16:09:08 WATT buy $3.060 long
2020-06-09 16:14:36 WATT sell $2.860 0


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