There was a 4% to 5% gain pre-market and it looks as if we'd see an immediate uptrend so I placed my order first thing in the morning and got in with 177 shares at $2.00. Of course that didn't last and the stock began to decline throughout the day.
The good news is that I had decided to change my trailing stop from a 5% stop to an 8% stop and that kept me in the trade.
So while the stock ended the day at $1.88, I'm still in and able to ride out tomorrow's trading session.
Here are a couple of charts from today!
Entry Marked & EOD Uptrend |
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