WIMI Trade on Feb 5, 2021 09:45 from WuManChu: Tradervue User Stock Trades.

Idea, Entry, and Risk:

*Idea: Daily level breakout from 10s upward, catalyst breakout
*Entry: 11, small size, add on dips if chart firmed.
*Risk: 1:3

Catalyst and News:

Fundamentals:

Okay income, sales, P/E ratio. okay company

Technicals:

Morning shove on news, history of runs, potential present.

Summation:

Entered into expected 12 breakout after morning push and action. Small size in case it fell through and would add if it consolidated and went again further later. No dice, faded off whole day until it hit stop and broke back down under 10.

Takeaways:

Stop buying breakouts. You know this thing has a history of runs, but that doesn't mean any guarantees today. Expect things to fail at key levels.

Even if it's inside your stop, if you know what the chart is telling you, don't waste your time. Get out.