range too wide for tight stops despite longer-term setup potential.
UAMY is flagged as too volatile/range-wide for the strategy to sustain tight-stop entries, even if the trader still expects eventual work.
UAMY is presented as an example where the bid/ask range was so wide that a logical tight stop couldn’t be maintained. Repeated stop-outs followed until the process concluded the stock shouldn’t be traded “for a long time” under that methodology.
"Weekend Study Session - May 16, 2026"