Remember when it comes to trading small stocks.
VOLUME is the KEY!
If a Stock opens higher with strong volume and that volume is maintained.
It can keep going higher.
If that volume drops. The stocks will drop after.
You can always buy it back lower if you think it will bounce
Conversation
How do you determine what strong volume is? What chart do you use? 1 min? 15 min? Is there a percentage of volume drop that would make you sell a stock. Say for instance if you saw a 50% drop in a 15 min chart
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A very good recent example was Amc yesterday. Was shooting up, then a halt killed the volume and it was lost momentum for rest of day....
