Too Patient

Ticker: CERE

I should have bought in when it made a higher low in anticipation for a breakout. I was too late today because I thought it was just testing $0.38 as resistance. When it broke out, I did not want to chase so I let it go. 

I thought it was just testing the resistance today. I already missed out on the break of the smaller channel so I did not want to chase.

I tried to be patient for this chart because it looked like it was consolidating before the breakout. I should have just bought in when the risk was low and been patient with a position. When it broke out, I had no chance and did not want to chase. Next time, I will be ready. 

XRA was a good example of buying in and being patient.