don't trade pennies like other stocks. every major run up will be followed by a bear raid; especially with these high volume ones. fibonacci retracements like 50, 68pct and even more are common and will establish again. everytime this happens you will shoot yourself not to have taken profits of the table. pimping just gave you a huge advice. use TA to determine your point of profit taking.
it's just been given to you. every major step forward will! be answered by a bear raid!
if you want it to play long and strong, take at least 50pct of the table during a big spike and you will see that each time you will be able to accumulate with that money at lower prices.
again, this is not trading like the major indices and being flexible in your trading approach will lead you to the holy grail. we all learn it the hard way. jmo.
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