Since tomorrow is the last trading day of the week and I don’t have anymore day trades left, I don’t have a ton really to watch tomorrow other than GBSN. Today I sat and watched the market for the first 5 hours or so before making a trade because I wanted to swing this into tomorrow. I watched GBSN as this was the biggest % gainer today and saw it found support midday at $0.25ish. I thought about buying there but decided to wait because I wanted to wait closer to the close so I didn’t get caught. I ended up getting 2500 shares at $0.275 with the hope of this retesting today’s highs and breaking out above them. I’d like to see $0.40 tomorrow. Since this is a long weekend, I prefer to be all cash and stay safe so I’ll look to get out tomorrow either way. I don’t think I’ll swing something over the weekend, but here are some potential lookers tomorrow.
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GBSN – Since I had no day trades left, I was a spectator pretty much all day looking for a swing play for a tomorrow exit. Ideally I don’t want to hold anything over the long weekend. This was today’s biggest % gainer so I was watching this pretty much all day. Later in the afternoon it found support at $0.25ish where I contemplated buying. I wanted to wait until close to the close to get an entry just so I didn’t get caught and then it started breaking out above $0.28 and thought it would retest the HOD. I got my buy order in at $0.275 2500 shares an then it cracked. I had my metal stop at $0.22 and it held up nicely at $0.25 and rebounded into the close and AH (1 million shares traded in AH). My goal is to see this gap up and breakout above today’s highs. I would love to see $0.40ish tomorrow. This could drop quick though so I’ll be up early watching and making sure this isn’t tanking PM.
PTX – I almost put this in my watch list last night and for whatever reason I didn’t. (I wasn’t a huge fan of the chart to be honest) It finished yesterday on a nice curl into the HOD and this morning it just took off out of the gate up to $1.30. It pulled back $0.10 and then continued it’s way upwards to nearly $1.50 before closing at $1.33. I may look to buy on momentum as the volume picked up and if this can close the gap, there’s still more than a $1 of upside. Definitely something to keep an eye on.
LUNA – Here’s an earnings winner that usually has very little volume and today it traded over 1 million shares which is like 17 times more than the average. It also broke out above multi-month resistance. I may look to swing a small position for the next couple weeks with the hope of this getting back above $1.50.
Also on the radar: AVXL, NXTD, ATHX, MNKD, AQXP
Hi Hebrew Hammer. Just curious, what was your starting account balance?
@orgil1993 he said he started with 400$ on Jan 1st
@aaqibazeez Wow! That's awesome; whatever HebrewH is doing he's doing well.. I got a few grand and lost a few hundred bucks, but practice makes perfect.
@orgil1993 its true but he studied and practiced for 2 years before finally starting to take this full time !! so its important to find the niche and what works best for you!! go through his trades maybe youll get an understanding of what he does and how he trades!!
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