This is one that I really look forward to. My conviction is fueled by the following: - Belief in small mid caps outperforming following weeks - Observation that new IPOs breaking out of downward wedge seem to be high probability plays - All the short squeeze momo plays have a high chance of rotating into weed/shroom stocks. - I think it has consolidated enough (tight small movement consolidations)
Now that I have gathered my thoughts, I realised for such level of conviction I am not sized up correctly as opposed to my other lower conviction plays...
Comment
This looks okay for now, trade still valid despite down day.
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