Flip on this deep RSI play. I'm watching it for a major bounce in the next few days.
This is such a weird ticker. I got in when I saw bidders coming in and wiped the big seller of 50k. I sat with it for a while but it couldn't push through 1.70 so I decided to cut and take my win. Ended up being a good choice as it dipped below my entry not long after.
Best trade on this was entry at 1.55 with 750, added 250 at 1.60 and sold at 1.655. I then tried 2 more times. Once at 1.60 with a big bidder showing at 1.58 but it got wiped so i exited. Later in the day it cleared big sellers at 1.62 and 1.63 so I reentered , but when it looked weak I exited.
Looking for the breakout over the half dollar area as well as key longer term resistances. Will watch again today.
Dip buy off the breakout move. It didn't climb so I just cut, plus i had to leave.
Looked like this would push for a second green day but ran into major resistance at 1.14.
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.
