Friday, October 13th                                           $LBIX

 

Analysis: Not from my watchlist. I saw it spike up in the morning on the top % gainers on STT and at the same time on my new HoD scanner. Low float, recent runner, Friday morning and scanners lit up so indicators were green.

 

Entry: Got in 400 shares at 2.33 which was right at hod b/o with 2.0 as support, goal was to make 30-50 cents a share.

 

Exit: Got a little scared so I got out at 2.58. Turns out my entry point became support so I could have held but I’m glad I took profit.

 

Comments: 100$ profit but 25% profit, biggest profit so far so I’m satisfied with this trade. Still learning the rules and bringing in confidence. This win counterbalanced my 84$ loss from yesterday on $WPCS that’s a good thing.

 

Lesson: Bough hod b/o which became support, took 25% profit. Don’t wanna get spoiled, stock is up 140% already, 25% profit is what I must aim for, no regrets -> getting the meat of the move!