Watched $AKE run from under 0.0083 up to 0.0122 in a pretty straight line, then give a chunk of it back just as fast. That kind of move doesn't usually hold.
Sold near 0.0090, right around where the pullback looked like it was finding some footing rather than waiting to see if it would bounce further. Bought back in shortly after at 0.0082, near the bottom of that drop. Price is sitting at 0.0090271 now, up 16.79% on the day.
My approach here is simple. Take the short profit when it's there, get out, don't try to hold through the full swing. Safer to leave some upside on the table than to ride a move like that back down.
Not a signal, just how I'm playing this one.
$AKE
Sold near 0.0090, right around where the pullback looked like it was finding some footing rather than waiting to see if it would bounce further. Bought back in shortly after at 0.0082, near the bottom of that drop. Price is sitting at 0.0090271 now, up 16.79% on the day.
My approach here is simple. Take the short profit when it's there, get out, don't try to hold through the full swing. Safer to leave some upside on the table than to ride a move like that back down.
Not a signal, just how I'm playing this one.
$AKE
