Today I missed this trade on ARWR it’s a Biotech that gaped up on low volume and it went from $5.20 to $6.24 in the premakret. After setting what would end up being the premarket high it pulled back to the $5.80’s. I now have my support and resistance in place, $5.80’s is the support […]
This got stuffed right at the open, after making a move in the premarket forming a flattop breakout. It had a quick spike and my plan was to sell into the spike and I was able to get my shares off before Shorts came in and made short work off this. Once the $7 mark […]
NUGT daily chart you can see the support is at $50 and the resistance was in the low 70’s.It gaped up this morning. I was watching this in the premarket, I wanted to see if it would test the former resistance and see if that acts as support. But it kept on moving on the […]
Good setup off the $80 mark size is not needed on this one
4.11.2016 Going Long on LEI, The stock gapped up and from 5.85 all the way to 6.83 before pulling back to the 6.50’s it went sideways but the 6.50 level held. That’s a buy signal in my book.
WATT : This is a trade from March 29th Is a prime example of having the right idea for a trade but miss timing it. You can see below that I as looking for the 10.75 level to crack. My risk was on $11 mark, I let it grind around longer then I should have. […]
GNCA: A great short right at the open.This trade is from the 31st of March, again seeing the .50 mark was not going to hold. I ended up covering up in the lows $5’s
Got long ZFGN the on the 4th of this month. It gapped up from $6.62 in the premarket and it ran all the way to $8’s before pulling back. I got long in the 7.50’s looking nice a push out of the gate. I was able to lock it in once $8’s broke and sold […]
Below are the rules I trade by, you may have different rules then me. Or our rules could align drop leave a comment and lets discuss. 1.Never buy a stock you can not short. 2. Cut loses quickly live to play another day. 3. No volume no trade. 4. Trade well and profits will follow.
I trade LEI yesterday I got it in at 6.55 sold into the push at 6.74. I bought the dip on my second trade near the whole dollar mark with $7 as risk and sold into the push. the last trade was a quick scalp I was not confidante that LEI would brake a through […]