$260 Profit
MBLXLong Stock

Entry comments: For Dec 6.... 1.42 to 1.65 support and resistance Long MBLX..... watch for morning low cycle.... enter near 1.49.... if momentum and volume is good.... Screened for: under 7, PE over 10, Just crossed over 50sma, volitility over 12% (shes a moody bitch but those make quick cash) volume over 500k.... ONLY BAD THING... its in Basic Materials Sector which is the BEAREST of all...... we shall see...
Exit comments: pushed through resistance at noon on strong momentum and decent volume.... time to get out..... Trend bullish, momentum strong, cycle good, resistance ceiling high enough for a good profit, and fractal charts showed confirmation...
| Date | Price | |
|---|---|---|
| Entry | 12/4/2012 | 1.49 |
| Exit | 1.75 |
- Total Views83
- Position Size1,000
- Percentage17.45%
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