Hammy Trade: ABK

This is another penny-stock breakout, pointed out by Chart Addict.

Again, I would classify this as a "price breakout", one that busts up through prior highs after some consolidation. This also might be considered a bull flag, based on the recent run-up. I expect it to repeat the last move.

I will sell for a loss at 3% below the breakout point (breakout-1.56, -3% - 1.513)

I will sell for a gain at 1.70. I would like to be out, regardless, at the end of the day.

UPDATE: sold at 1.54 at the end of day. This is classified as a "dumbass" trade.