Most important thing is that this stock already had its two run same day and going for third run which is not successfully as it is already exhausted. Lesson is that don’t buy stock which already had two run before (intraday)
not confirmed abcd pattern formed i entered at $3.14 ran to $3.21 didn't sell it looking for day of high break. Someone dumped 440K shares at $3.14 which plunged the stock and as usual i missed my stop loss at $3.05 which is big set back.
Risk management is the most important thing than profit
low float
float rotation more 33 mill shares traded
running on some news
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-06-11 14:03:00 | NNDM | buy | $3.137 | long |
2018-06-11 14:51:00 | NNDM | sell | $2.820 | long |
2018-06-11 14:51:00 | NNDM | sell | $2.820 | 0 |
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I think everyone was in this ticker Monday. Choppy day, I certainly got caught in it!