A rough rule of thumb for trading reversals is to buy when the reversal day is confirmed (day one), ride the rise through day two and then sell early on day three as the reversal runs out of fuel. Friday was day three and played out pretty much as expected, with the best profit opportunity coming in the first three minutes of trade. After that it was pretty much all downhill.
No trading techniques are full-proof but this one has served me well over the years.
AIO Price at posting:
$1.24 Sentiment: Sell Disclosure: Not Held
