$953 Profit
TISALong Stock
Entry comments: Bought this new earnings winner, day low is 1.90, but it already hit 2.25 so I'd love to see it get back to its highs and possibly breakout, former runner MANY years ago, big resistance in the 2.50 area so that's my goal, might give this one some time given that its an earnings play and low float
Exit comments: Looked strong premarket, but it can't break convincingly past resistance in the mid 2s so I play it safe and I'm out...worth a shot aiming for day 2, still a potential dip buy, but gotta respect the double top off yesterday's high too
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Broker:Interactive Brokers
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Position Updates
- May 17, 16 9:51 AM: Bought 2000 at 2.05 - Bought this new earnings winner, day low is 1.90, but it already hit 2.25 so I'd love to see it get back to its highs and possibly breakout, former runner MANY years ago, big resistance in the 2.50 area so that's my goal, might give this one some time given that its an earnings play and low float
- May 17, 16 3:45 PM: Added 3000 at 2.23 - I'm glad I held this earnings winner all day, its closing high, that means it can easily spike more on day 2 just like MITK/EHTH, resistance is at 2.40-2.50 so that's my goal to sell there tomorrow, but this is a low float stock so it very well may breakout too...some people ask when would I have more patience, THIS is the setup I needed
- May 18, 16 9:33 AM: Sold 5000 at 2.35 - Looked strong premarket, but it can't break convincingly past resistance in the mid 2s so I play it safe and I'm out...worth a shot aiming for day 2, still a potential dip buy, but gotta respect the double top off yesterday's high too
| Date | Price | |
|---|---|---|
| Entry | 5/17/2016 | 2.158 |
| Exit | 5/18/2016 | 2.35 |
- Total Views1,494
- Position Size5,000
- Percentage8.9%
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