timothysykes

$1,830 profit VTNR Long Stock

Entry comments: Speculative chart breakout play, up on strong volume, new 52-week high, needs to break above 8.15ish for bigtime breakout ideally to the mid 8s as it likes to gap up 30-40 cents/share, risk of double top though so be careful

Exit comments: Not closing strong at all, basically flat trade, not risking a perfect double top like MOBI a few weeks ago...potential rebuy ONLY when it breaks above 8.10-8.15 resistance, not when it fails to break out and comes down minute by minute like this

Received 1 Karma
Moneysurfer
Moneysurfer Apr 22, 14 4:50 PM

Bought @ 8.04 just before close and also just before the sell off profit-takers. Now unhappily holding overnight. Do you think I should sell @ the open or see if it comes back up tomorrow?

RARA_BATINGO
RARA_BATINGO Apr 23, 14 11:17 AM

I know you don't SHORT earnings winners, but do you consider shorting UPGRADES?

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