ORPH Trade on Jun 18, 2021 09:30 from emadjaymz: Tradervue User Stock Trades.

premarket gappers did not look good this morning and the market was slow

i waited and at the open saw ORPH popping on the momo scanner after identifying support and resistance levels

my entry was good was a flat top breakout at 6:30 i jumped in for the break of the resistance level 8$ and added more shares 8.50 it hit my target 9$ sold most of the shares and kept some shares to run it broke the next resistance level 9$ added more shares 9.10 but it was false breakout i got stopped out for a small loss ,it dropped again to the support level 8$ added more shares my target was 9$ kept taking profit on the way there and sold most of it 9$ kept small shares to run to the next target but did not hold and i got stopped out again but still made some profit .

what i did good : i bought the bottoms of the two cups .
what i did bad : was getting caught in the false breakout with big shares .
improvements :1) try not to get caught in the false breakouts if you wanna be profitable and focus on buying the dips (bottoms of two cups). 2) your stop loss should have been tighter .