Daily: base breakout, oversold, many gold stocks selling off at the same time
Intraday: bull flag
Stock was basing under $15 for a long time and today made an attempt to break above this resistance level. I entered on the flag with 9 EMA support underneath, 2x, 3x my usual R on breakout confirmation. I added again when price quickly tested the 9 EMA and bounced.
Key lesson for me on this one is not to screw up in the morning by taking stupid trades. I could do what I did on this trade because my morning session was good. I wasn't going to lose on the day even if I was wrong on this trade.
Execution detail:
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