MREO Trade on Jun 17, 2022 06:38 from MysteryToken: Tradervue User Stock Trades.

There were some flags I noticed which could have shifted my expectations for this stock. Here are my red flags:
1) On the 10m, 15m, and 30m timeframes, VWAP was above all EMAs. Even on the 5m timeframe, VWAP and 9EMA were crossing each other non-stop. This could be a good sign to only be in a trade for a few seconds, get in and out.

2) When I bought it at $1.40, the candle finished below the level, the following candle reached $1.44 but was rejected pretty hard.

3) I held on for a few minutes hoping it would breakout again, after the first red candle, a doji formed below $1.40, a second red candle after the doji closed at $1.34 and I sold on the third red candle as soon as I could. I really should have sold anywhere above $1.40 and taken my profits instead of being greedy. For my risk management, I should have sold between $1.40 and $1.38.