Conner_TaMader

Entry comments: FGD OTC. Massive volume on the day and holding the spike into the afternoon. Forming an ABCD pattern with a previous high of $.0096. I bought when the stock bounced after the dip when $.009 failed to breakout. I chased a little on the entry buying near the top of the bounce but had a clear risk of $.0005 which was the low of the pull back. Got the perfect ABCD pattern with strong volume into the close. I took 10K off at $.01095 just to lock in some gains.

Exit comments: FGD OTC. Great follow up the next day, selling into strength on the way up. Sold 10K before the close and another 10K at the open. The rest of the 20K was all sold in the $.029s which was very solid for me. I was slowly taking the position off as this spike was best case scenario right at the open. $.03 was starting to stack with big 2-3M sellers which is when I started to sell quicker just in case. I sold my last bit at $.0297 right before the big crack.

2
100
DatePrice
Entry2/8/20210.0087
Exit2/10/20210.022
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  • Position Size40,000
  • Percentage152.87%
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Conner_TaMader
Conner_TaMaderFeb 08, 21 8:30 PM

Goal is to be patient with the exit tomorrow morning. Ideally we get a morning spike and see this catch a dip and keep running. Watch for that magnet level of $.015 tomorrow to sell more off but key will be to watch LV2 and see when the selling stacks then I will sell the rest.

cstaff37
1
cstaff37Feb 13, 21 8:37 PM

Solid trade Conner!

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