$IO is at 0.14850 and I am passing on it today

Volume is sitting at 0.8x the weekly average so nobody is actually funding this move

Only 1.3M in daily volume means size will trap you here and exits are messy

I need an hourly close above 0.16060 before I care

Or I want to see a bounce off the 0.14360 low first

It could keep running without you and a bad entry costs more than a missed move

Chasing $IO here or waiting for 0.14360

#IO #RiskManagement