$110 Profit
DRADLong Stock

Small Cap, Low Floater, with 20% GAP up on news of sale of part of their business for $18m million. There was support at 3.10 with some movement I entered 500 shares long at 3.10. Missed sale at 3.30, price consolidated with support at 3.14. I loaded another 500 share long at 3.14 for an avg price of 3.12. Large volume, but no real push beyond 3.25. I expect more fade through the day. I exited at 3.23 for a small profit. Single. (Good risk management use in trade)
Newsletters:Pennystocking Silver
Broker:ThinkOrSwim
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| Date | Price | |
|---|---|---|
| Entry | 11/4/2020 | 3.12 |
| Exit | 11/4/2020 | 3.23 |
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- Position Size1,000
- Percentage3.53%
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