Now you see it's testing the first high. That's a good sign. Breaks over and you take some profits.
Next you think about protecting that gain with a mental stop loss
You want to try and get the most for the shares you have left. You also have to look for signs the trade is over.
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Ok so you need to make quick decisions but lets say you like it for a day trade it bases and you buy some in the $1.60's - 70's?
Now you must watch it like a hawk.
You want to see it hold it's chart and you want to see strong steady volume.
Also want to put in a 10% stop loss. twitter.com/MasterBJones/s…