DGLY Trade on Jul 7, 2017 09:35 from Rob_B_BOWS: Tradervue User Stock Trades.

This one was a little disappointing. In my eyes the daily chart looked decent. The stock was gapping up over the 200 SMA and it looked like it had a little room to run. My entry was good. My thought process was back through the opening price of $4.75. This has been a good setup for me. I got about a $.15 cent pop out of it, but was too slow to start scaling out. It came back to my buy price and I got stubborn. My stop loss was $.10 but I caught some slippage. In retrospect, I was pleased with my entry, but the stock opened about a $1 off of its premarket high. So that should have been a tell tale sign that it was going to sell off. These red to green setups work beautifully but not on a stock with a big gap that $1 off of its premarket highs. Not on a $5 stock anyway. Living and learning