Adam06Sep 07, 16 3:52 PM
I like this kind of plays (Overnight) since I can't go day trading yet. I couldn't enter to the trade at $3.70. Missed. Thanks Tim.
$1,538 Profit
MGTLong Stock
Entry comments: This former Supernova has held its morning spike well and is already above its mid-August highs and if it takes out early August highs in the 3.70s, it's a solid multi-month breakout so I'd love to sell in the 3.90s or even low 4s, goal is to hold overnight and sell into a morning spike, they tend to put out hype-filled PRs to get their stock up too so hopefully they're seeing this price action/potential breakout too LOL
Exit comments: Got some of the spike back, but it's failing to go green on the day and I gotta start my travel day on my way to the http://traderandinvestorsummit.com conference, video lesson of this trade and 3 other trades I did will be posted in a bit
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Broker:Interactive Brokers
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Position Updates
- Sep 07, 16 3:20 PM: Bought 5000 at 3.69 - This former Supernova has held its morning spike well and is already above its mid-August highs and if it takes out early August highs in the 3.70s, it's a solid multi-month breakout so I'd love to sell in the 3.90s or even low 4s, goal is to hold overnight and sell into a morning spike, they tend to put out hype-filled PRs to get their stock up too so hopefully they're seeing this price action/potential breakout too LOL
- Sep 08, 16 9:32 AM: Added 5000 at 3.68 - Added to my position on the dip, this can still spike, shoulda woken up early and sold in the low 4s LOL
- Sep 08, 16 9:38 AM: Sold 10000 at 3.84 - Got some of the spike back, but it's failing to go green on the day and I gotta start my travel day on my way to the http://traderandinvestorsummit.com conference, video lesson of this trade and 3 other trades I did will be posted in a bit
| Date | Price | |
|---|---|---|
| Entry | 9/7/2016 | 3.685 |
| Exit | 9/8/2016 | 3.84 |
- Total Views2,487
- Position Size10,000
- Percentage4.21%
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osirustwitsSep 07, 16 5:16 PM
Where did this $MGT float increase come from. In may this was a low float 4.?million now over 20 million?
JR82Sep 08, 16 9:36 AM
It was in 4s AH yesterday so u didn't need to wake up early! Just saying LOL
DreamLynx7Sep 08, 16 10:31 PM
I Missed this one but lesson learn on trading this type of play.
