Trading Recap 29-May-2018

Not much activity yesterday in the morning. Every small cap trader was focusing on $TRXC but I missed that one due to not extending as much as I wanted to. Shifted my focus to $CODX which was running on air and I thought this might be another potential squeezer for the day and I decided to long this at 3.04 risking a few cents. It cracked 3$ though and I bailed and switched my bias to short. All around it was a breakeven trade as I lost small on the long and made it back on the short. I was right though as this did squeeze later in the day but I was too early.

Trade well!