CNIT Trade on Jan 8, 2018 09:44 from alext341: Tradervue User Stock Trades.

This chart looks almost exactly like the chart on DELT, which also made trading this one tricky. Like DELT, it was trading on an inside daily candle and with heavy technical resistance on the 5-minute chart as a result. The real opportunity for entry on the 1-minute chart was difficult because there were technical resistance levels it needed to rise above in order to make this one worth trading.

You could have taken a trade on the first 1-minute pullback at around 2.70 but it would have stopped out as it would have gone 10 cents against you before breaking out on a tight 1-minute micro pullback to daily highs. The mistake here was chasing this setup on an extended move on the 1-minute chart on an inside daily candle that had no potential for candle-over-candle breakouts. You stopped out well for an 8 cent loss, per your strategy. You lost $50.10 in net realized losses on this trade.