PHUN

If you paid attention to Thursday's alert and got into Phunware Inc (NASDAQ:PHUN) ten minutes before the close when I said "Added PHUN on pullback at 1.47 thank you", congratulations! The stock had a very productive day on Friday as we saw gains of over 1000%, completely insane. The DWAC euphoria grabbed the market's attention also on this name and the stock surged like a missile. I have to say, I sold it too early but for me a profit is always a profit, and everytime i initiate a trade, my strategy is automatically in mind, and usually I never change. A break above this short-term downtrend line on the 5m chart could trigger further upside recovery testing the $11 area. I'll be watching the stock on Monday, looking for a possible follow through move. This stock will move quickly and is very volatile, so be careful with your share size and entry price.