timothysykes

-$350 loss LBIX Long Stock

Entry comments: Rebought on the nice dip off the afternoon highs in the 2.70s, that's my goal again either later today or preferably tomorrow since odds are it'll have another morning spike given earnings news spreading/low float

Exit comments: It tried spiking to the 2.50s, but solid wall of sellers so I exit safely, with small losses, next!

Received 3 Karmas
karan1996
karan1996 Jun 14, 16 3:22 PM

Hi-5 me tooooo... But I bout 123 shares tooo small account.... I'm on right track 🙂

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LouiePrez212

LBIX

+1 Karma

timothysykes
timothysykes on: Jun 14, 16 1:50 PM

People wondering why my $LBIX trades worked out so well, its because I stuck with my favorite pattern, dip buying earnings winners at support!

Received 3 Karmas
Jazziiv7i
Jazziiv7i Jun 14, 16 1:53 PM

The more and more I get to see why you bought, the more it reinforces what I'm learning on the DVDs. You bought on the dip at the support because at that price and volume, there's usually no where to go but up, right? (usually but there are some risks). That's a great pattern and I hope I'm understanding it right.

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