Stopped out of ICOC

No surprise here. ICOC had a quick run and as fast as it went up it quickly fizzled out and I got sucked into it. I had a super tight stop because I knew it was pretty much done for but I still wanted to give it a shot to the upside. If it fell I thought it'd probably keep heading down. Got stopped out 14.77

 

Plus, the markets have been really neutral lately, not too much has been going on. Probably in anticipation for earnings season next week so I shouldn't get too hopeful when it comes to getting a winner this week. I'm still keeping an eye out though.

 

Bought ICOC

Got in at 14.92. Stop is at 14.85 I liked how it is just under key resistance at 15 and If it breaks 15 it could keep going higher. Risk is minimal but the potential gain could be relatively  big. We'll see what happens.

 

Green line is my entry and black line is my stop.