Love the stock symbol: UAUA!
The stock had a very nice move yesterday and based on the early price action I thought it would follow through. The stock initially gapped up but the first candle was not able to take the 20EMA. The second candle printed a long-legged doji (indecision/trend change) and the upper shadow was just touching the 20EMA. The stock then positioned itself under the 5EMA, and then it was just a matter of finding a dummy (low risk) entry. I entered below the 11am candle and the stock took the previous day low in the following two candles. Then the stock printed a morning star formation, but I decided to stay a bit longer because of the slightly bullish upper shadow of the 12pm candle. I adjusted my stop according to the increased risk and was stopped out for few pennies profit just to pay for my veggie burger!
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