$STRK is trading at $0.03990 today and I am not touching it. One number is why
Volume is sitting at 0.6x the seven day average right now
That means this move is not being funded by real participation
Only $2.4M of twenty four hour volume crosses this order book
Size moves this book and clean exits are not likely at all
An hourly close and hold above $0.04249 changes my mind
Or a pullback that holds $0.03972 and bounces cleanly
It could keep running without you today
A bad entry costs more than a missed move ever will
Chasing $STRK here, or waiting for $0.03972
#STRK #RiskManagement
Volume is sitting at 0.6x the seven day average right now
That means this move is not being funded by real participation
Only $2.4M of twenty four hour volume crosses this order book
Size moves this book and clean exits are not likely at all
An hourly close and hold above $0.04249 changes my mind
Or a pullback that holds $0.03972 and bounces cleanly
It could keep running without you today
A bad entry costs more than a missed move ever will
Chasing $STRK here, or waiting for $0.03972
#STRK #RiskManagement