-Float = 37M
-Jan 21 2020: company terminated a purchase agreement with Lincoln Park Capital
-SPY pattern: Consolidation
-Intraday pattern: Gap & Crap
-Other notes: N/a
Strategy: A grade Gap & Crap
Strike Zone: N/a
Sizing (lots + emergency): 400
Risk (stop / Rs): Hold above 2.4
This was an A grade Gap & Crap setup. Had TZ platform issues when I tried to get in which made me uncomfortable. The issues cleared and I could have got back in on a pop but at that point I was trying to focus on other tickers. Should have done more share recycling throughout the day in hindsight as down-trend was baked in. +2.5R on the small shares I traded.
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