FRHC Trade on Aug 10, 2021 00:38 from Joshua_Taylor1: Tradervue User Stock Trades.

This was my second trade of my new start. It essentially was a good trade it passed all my 2Lynch criteria and it also had a good news catalyst behind it. the news was it had better than expected earnings.

It come up in my scan it was a 4%b/o close to its ATH. I entered the trade and sat in it for 24 hours, the next day I came in at the open and it still had not really moved much so I scraped the trade for a 3$ loss.

It was the right decision because later on in the day it gave back all the b/o gains it made.
I do feel good about this trade because I made the correct decision I could see it was not moving and I identified that on a new day at the open it should be moving with some nice volume behind it which it did not have.
it was a failed b/o so on to the next trade.