Swing trading is great until it's not and after market news ruins your gains.
Traded NVTS today and obviously bought a bit late on day 2 of the move but was still sitting on a nice profit for the day. Stock hits a 52 week high and unfortunately after market the company announces an ATM (equity raise) and the stock pulls back after hours.
How do other traders mitigate this risk? Is there anything you look for in your screens or is this just more about managing stops and getting in earlier?