TNXP - Alerted in the chat room. Did some research and found it was a low floater up on news pre-market. I watched it closely as it formed higher lows and eventually going strong into the open. I waited about 5 seconds to see if it would dip again but it continued up. I was filled at 8.1 and followed it up to the mid 9's. I was watching for consolidation signalling another spike but the action was showing resistance at 9 and I exited at 8.72. The stock dropped shortly after. This was a great short on the backside which some people in the chat room took advantage of. Overall this trade was executed well and this pattern has been successful for me over my last few trades.
Posted Mar 29, 17 10:45 PMbyHaukeCapital
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TNXP
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