Division8

Bought this into the close as it was ramping up from lows at $2.40's. DEFINITLEY CHASED here and I know that's a major problem, but it had support in the $3.15ish area from its first big up day. Used that 3.15 as my risk level with my goal was to sell into a gap up/ morning spike ( ideally both) into the open the next day. We got the spike and I took safe profits in that congestion zone, and that was a good decision as the stock tanked HARD afterwards. Decent trade, BUT NEED TO NOT CHASE SO BAD!

00

Broker:ETrade
DatePrice
Entry3/1/20173.18
Exit3/2/20173.45
  • Total Views87
  • Position Size1,000
  • Percentage8.49%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Join now or log in to leave a comment