This was a "what was a what the f%$@ was I thinking" entry. Got caught up in the pot stock craze. This was one that I traded on its original break out in August 2020. Has a good run back then. I guess I was feeling nostalgic. It has been a TML in this growing space.
If this doesn't quickly move in my direction, I will sell and wait for another set-up.
Have to go back to my rules:
To not chase stocks.
Wait for proper set-ups ie breakout on volume (with decent fundamentals)
If this doesn't quickly move in my direction, I will sell and wait for another set-up.
Have to go back to my rules:
To not chase stocks.
Wait for proper set-ups ie breakout on volume (with decent fundamentals)