Trading Recap 23-May-2018

in #trading7 years ago

A few movers yesterday most of them crashed right away though. $AVGR and $SNES I was waiting for a setup confirmation on these which never came in the morning. Late day I thought about going long $AVGR after it reclaimed $VWAP, I thought this has the squeeze potential and was right but I didn't take the trade as I had other plans already for the day and I have 0 data about this setup yet.

20180523 AVGR.jpg

I'm never comfortable going long on small caps as I am always preparing a huge sell off out of "nowhere" but if I can find the ones that actually squeeze and end the day strong it would be a great addition to my skill set. For now though I will stick to shorting.

Trade well!