Very familiar with this ticker as Kellog has made a killing on it years ago so Flux Room Idea Friday took a very small play though as I didn't really trust it and it is failing nicely
Gapper.
XGPT & Flux double alert. Got in with XGPT at $5.40 and took the target price of Flux for $6.10 and a small profit.
Entry comments: Opened this short position as the price was falling in the morning. I couldn't watch it during the day, so, I am holding to further fall tomorrow.
Exit comments: I held this trade far too long. Paid more in borrow fees than I made in profits. Took the opportunity to close before it rallies again.
Entry comments: Added to my position as the price was falling from the highs of the day in the morning. It stuttered back and forth all day but didn't really break out so, I am holding to watch for a breakdown tomorrow.
Exit comments: The price was showing repeated support around 7.05, so, I closed when it dropped again. Too bad. That is when it decided to keep dropping. I would have hit my target if I had stayed in longer.
Flux Recommendation - sold when price hit stop loss
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
