Shared by
Chap
Biggest % gainer, High volatility, huge volumen compared to previous days, Triagle break after hitting key support. Expecting to continue its way up to 3.75 with a multiday, multiweek, break out. The stock decided to continue its way but to the opposite side, should have sold when it hit my stop loss, but decided to give another chance for a bounce, which never came...
Lesson 1 be extra-carefull with BioTech stocks, specially if theY had a huge gap up pre-market.
Lesson 2 My biggest mistake... CUT LOSES QUICKLY
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-09-24 08:19:24 | AZRX | buy | $3.331 | long |
| 2018-09-24 08:37:30 | AZRX | buy | $3.080 | long |
| 2018-09-25 10:53:45 | AZRX | sell | $2.850 | 0 |
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