HOFV Trade on Mar 22, 2021 10:47 from VossiBop: Tradervue User Stock Trades.

Today was day 2 of the HOFV daily breakout, following the NFT sector craze. As usual, whenever a stock is performing really well on the day I keep my eyes peeled for a wedge pattern. HOFV ended up forming a pretty good wedge pattern today. I drew my trendlines and waited for a dip against VWAP, which also happened to be where the lower trendline was. The price was consolidating and building higher lows near the upper trendline, however, so I was worried that it would take off without giving me a dip to size into. Once I realized this, I had a wave of FOMO take over, telling me to buy now before it's too late. But, I managed to regain control of my emotions as I told myself that if I were to buy now that would be chasing, and therefore I would be breaking my plan. Historically, whenever I break my plan I take the largest losses, so I convinced myself to either wait for a dip or let the stock run without me. Luckily, the price managed to flash down close to vwap for just a few seconds, but that was enough for me to get in with a decent average.