LBUY Trade on Jan 3, 2019 12:48 from Teyrex_Trading: Tradervue User Stock Trades.

This was another OTC morning spiker that was respecting a risk level of .75 so I bought my initial entry at .80 2000 shares with a $100 risk using .75 as my cut losses line. It slowly ramped up to .88 HOD and I waited to see if I could add a little more on a pull back which I did add 500 shares at .83 bringing up my new average slightly to .806 with now 2500 shares in hopes we would get a push through HOD and potentially push to my goal at .95-$1.00.

Unfortunately when the price action cracked .83 5min support the price pulled back harder. My thought was to add 1000 shares at .80 (VWAP) thinking this was going to bounce there again. NOPE it fell right through VWAP and even my support line. I waited to see if this was a fake out wash down and a ramp back to HOD but when the price was not pushing back through VWAP and the 9EMA resistance I took my loss and moved on.