jessemarder

Bullish breakout or false breakout?

BATS:AVGO   BROADCOM LTD
121 3 0
4 FEB intraday perspective: held for a while around .34 but dropped out in last hour. Possible selling climax 5 FEB?
Strong move away from 35, as of 6 FEB both days have dropped to 35 but recovered to close higher
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took position just above 35, a lot of tests of that level, finally a breakup on 14 FEB but no clearing the highs
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Should have gotten out while I could, out down after strong selloff 2/21. Lesson? Same as with CAH I should think...time limits, don't be greedy for a move that just isn't coming. :<
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