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ChrisA12
ChrisA12 Mar 23, 16 12:54 AM

Dude omg I was so mad when I saw SXE go up 110% today because the day before I sold my position at 68 cents. I entered in at 79 cents on friday, then watched it literally all day monday and during power hour it broke through a resistance level so i quickly sold. I kept telling myself to hold on a little while longer but my emotions got to me.

HebrewHammer
HebrewHammer Mar 23, 16 10:48 AM

@stickastocks Typically the reason for these huge spikes are because of short squeezes. When the price is moving up so quickly that shorts have no option but to buy back to cover. This is a typical squeeze and it's actually continuing today. This is bound to fall and if i had to guess it would be later today into the close or tomorrow.

HebrewHammer
HebrewHammer Mar 23, 16 10:49 AM

@ChrisA12 ugh. there will be more just hang in there. I've left plenty on the table as well selling "too soon" but profits are profits and if you profit more than you lose, you should be good.

ChrisA12
1
ChrisA12 Mar 23, 16 11:09 AM

@HebrewHammer Yes there are many opportunities out there it's all in the learning process of figuring out the market. Good luck to all and keep studying

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