SPIKE1Aug 21, 23 8:52 PM
ADAPT or PARISH!!
$575 Profit
TUPLong Stock
Entry comments: This looks like a solid first green day play on a big recent runner and its already squeezed nicely to the 2.70s today and come off those highs so I'm dip buying with the goal of selling in the high 2s or even low 3s if it can get more volume and squeeze more too. Cut losses if it can't hold green on the day which is in the 2.40s so I have a tight leash on this one, but it looks like it can spike more
Exit comments: Nice little gap up and maybe it goes more, but I'm not sure if I'll have wifi at the market open as I said late Friday so I'm locking in gains here premarket just in case. It probably spikes more given this early price action, but watch out for resistance in the 2.70s from Friday, if it can't break that, this is a good area to sell
Newsletters:Weekend Trader
Position Updates
- Aug 18, 23 3:15 PM: Bought 5000 at 2.50 - This looks like a solid first green day play on a big recent runner and its already squeezed nicely to the 2.70s today and come off those highs so I'm dip buying with the goal of selling in the high 2s or even low 3s if it can get more volume and squeeze more too. Cut losses if it can't hold green on the day which is in the 2.40s so I have a tight leash on this one, but it looks like it can spike more
- Aug 18, 23 4:21 PM: Sold 2500 at 2.56 - I'm selling some for small profits here just in case as I wasn't a big fan of the way it closed and I just found out I might not have great wifi right at the open on Monday so I'm reducing my risk with a smaller position size...I'll explain more in a weekend video lesson, but always adapt your trading plan based on price action/life
- Aug 21, 23 8:29 AM: Sold 2500 at 2.67 - Nice little gap up and maybe it goes more, but I'm not sure if I'll have wifi at the market open as I said late Friday so I'm locking in gains here premarket just in case. It probably spikes more given this early price action, but watch out for resistance in the 2.70s from Friday, if it can't break that, this is a good area to sell
| Date | Price | |
|---|---|---|
| Entry | 8/18/2023 | 2.50 |
| Exit | 8/21/2023 | 2.615 |
- Total Views296
- Position Size5,000
- Percentage4.6%
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