Yea several black candles right after breakout causes concern as to just who is/will control the future. By lowering my acceptable loss, I protect capital if something big happens while I'm not watching. But I'm thinking shorts are thinking enough is enough and they might win. If sentiment wins, I can still hold for target.
This stock will be checked daily now and an exit decision will made based on who wins. I will try to cut losses even less then 3% if warranted with constant surveillance. Looking for end of gap opens, saying retail giving up. Or real red day retrace day and I'm gone at GORO. back to strong watch.
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