Nov. 10 at 12:32 PM
$VSTD This morning, the stock had huge spike in volume, and it seems they unload their positions.
I had several sell limit orders in place, which were filled as I always recommend scaling out on the way up.
Unfortunately, not all of them went through, and I ended up selling the rest at a loss, so overall it was basically a breakeven trade.
I’m done with this stock for now, especially after the SEC filing showing that a 10% owner sold a significant portion of their shares.
Looking back, I didn’t do a complete analysis from the start and I paid the price for that.
It broke below the trendline and unless it gets above it , another support around $.37 area and then $.21
Wishing all of you the best in your trades!
