-$104 Loss
MSRTLong Stock
BugisPirate89

This held strong support at about 1.55 on the buy day. I chased a little bit going up to 1.58, the buy should've been around the 1.40's. Well, the next morning spiked to about 1.66 within a matter of a minutes, Tim took quick profits, but I was waiting till it hit about 1.70's but it had a morning panic instead. The catalyst was there but not too strong. STRONG CATALYSTS are EARNINGS or CONTRACT WINS! It was more of a speculative play based on price action over anything. KEEP STUDYING!!

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Broker:ETrade
DatePrice
Entry4/11/20161.58
Exit4/12/20161.46
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  • Position Size700
  • Percentage-7.59%
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