MRIN Trade on Jan 7, 2022 09:44 from BanalityOfEvil: Tradervue User Stock Trades.

MRIN – OPENING DRIVE SCALP WITH MOMO POTENTIAL – 65.54

2ND ATTEMPT TO TRADE THIS AFTER PREMARKET STOP

ON THE OPEN STOCK SOLD OFF FOR 5 MINUTES, TESTING 4.15 AND FINDING SOME STRENGHT.

I HAD NO INTEREST IN THIS NAME ANY LONGER UNLESS IT WAS ABLE TO BREAK 4.50 – LATE PREMARKET PIVOT

4.75 was the next pivot which I did not think was as important followed by 5, which was the level I was really interested in, and I thought this stock-catalyst combo would have certainly reclaimed 5 on the open.

@ 9:45 I Scaled into small size only 500 shares after the break of 4.50 on the pullback to hold 4.50. stock moved higher to 4.70 and pulled back to 4.50.

Price average was 4.63 at this point

@ 9:55 Stock pushed up near 5 and I sold ½ into strength around 4.90

Plan was to add back in for the break of 5 once it started to squeeze again, then take a little profit, and re-add on support above 5 if it held, for a move up to 6

5 could not break and stock broke down to test 4.60 level

@ 10:02 Bids kept dropping to I decided cut remainder @ break even

It doji’d out here for about ten minutes on light volume and proceeded to sell off

I SHOULD HAVE TAKEN 80% OFF THE TABLE AROUND 5 INSTEAD OF 1/2... GOT A LITTLE GREEDY WITH THE EXIT, COULD HAVE ADDED HIGHER AFTER THE BREAK. WHEN MARKETS ARE SO WEAK TAKE PROFITS QUICKLY. U CAN ALWAYS GET BACK IN.