GOGO Swing

 



Tight action here after a big run. Cant seem to stick a break higher, making a megaphone. Found good S for a couple weeks near POC, nice flat base to work with. Nothing in the way past 10.50



In with 10 calls at .80, risk fairly low as its a slow mover. 

Made ORB bull flag and broke next BO level, added more. 

Tried to add as it coiled above vwap, missed exploded to hod, but didnt break.

Then decided to lose everything and come back to original 10 breakout. We hold under im out. Sad. 

Market super weak, but we are holding above 10 still. Will hold as long as we do, I want to keep my winners on. We will have to wait and see how much market weakness can affect this. 

Held on all day, tapped anch vwap frm recent hi and sold off, market weakness. Overall good close, will hold. Exit will be hold under 10.


2nd day

Weak at open, back to bo level. Market sell off at open not helping, might have to bail today if we cant hold here. 

Held v well and turned back up to vwap. Will be all out under new LOD. 

Didnt break lower, held, back to vwap, making v tight range, testing lower again as market still weak overall. 

Made new LOD, so far vol increase after seeing a lot of red, market still weak. Waiting for trigger to get out. 

Market exploded higher, seeing huge vol increase here again. It is the zone to hold above + 10 so May be able to stay in this. We gotta get above vwap and start trending higher. 

Cant seem to break higher, still holding in zone, but wondering how long we can keep doing this. Gotta see some bullish indications soon or gotta be done.

Lost it and dumped all out. Fat L. too bad. 

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