The only ticker I payed attention to today was $CAPR. It gapped up on some news and went from $6 to $7.50 premarket. Right at the bell it shot up and hit a high of 8.30, It tested it twice on the 1 minute chart then slammed back down right under the VWAP. I should have entered a short position at around 7.60ish once it consolidated under the VWAP and failed to break above it. I didnt pull the trigger and missed my entry. The next play on it setup once it based at 6.95. It tested resistance at 7.36-7.41 twice. I had a limit order to short at 7.42 the second time but it only came up to 7.36 and I didnt get filled. I could have quickly changed my order to make sure I was in, but I didnt like a dummy and by the time I realized it wasnt coming back up it had already broke support and I didnt want to chase. I was frustrated now I had missed two entry opportunities. By the time the next play setup with support at 6.58 my daughter had already woken up and it was time for dad duties. The stock ended up fading the rest of the day went green to red closing at 5.75. Im pretty upset I missed this, it would have been a very profitable trade. If I would of gotten filled on my 1k shares short at 7.42 and held until the close it would have been +$1600 gain. Should of, would of, could of. I guess theres no crying in trading you just learn your lesson and move on to the next one. I gota remind myself that even though I didnt make a trade here, sometimes its good to watch the price action, and get a feel for the flow of the market.
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