Tuesday, September 24, 2019

ROKU -9% Sorry, but then not sorry

Daily setup: dead cat bounce
Entry/play: After it held second intraday low, bought surge off that box. I stopped by about 2 cents and was upset... until later!
Management: Initial stop below day low. I only had 1 call, but that would have been a pretty big loss. so I moved the stop to below the new 1 min box that was holding.
Psychology: Good. Bummed to lose. Not bummed to be long gone for the dump.

Update, ROKU in total freefall. 10:40am @102. Lesson about the futility of hope. ROKU was 150 five days ago.


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