wiztechpros
wiztechpros Aug 09, 16 12:40 AM

MU looks like a good buy if it breaks resistance... has about $2 a share to run! The $15B market cap on MU assures me that this is a safe trade to be short. The stock won't move against you fast enough to hurt and you'll be able to cut losses if you have to.

TravisGoodson
TravisGoodson Aug 09, 16 7:59 AM

Exactly it's a slow moving "safe" technical short. Based on charting technicals I am looking for a pullback by Wednesday around $14. Cde needs red mkt and red gold futures so for now it's only an idea but look at the chart it's basically gone straight up and is due for a pullback.

TravisGoodson
TravisGoodson Aug 09, 16 9:19 AM

Closed my position permkt 14.60, company dropped a pr about new product release for smartphones. Downward reversal will be halted for now. Put in a alert for $15 to re-short

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TravisGoodson
1
TravisGoodson Aug 07, 16 10:47 PM

It has two R/S over last year so that should answer your question. It's a traders stock not an investors stock.

Doncematic
Doncematic Aug 08, 16 4:23 AM

I would not fall in love with this one, but definitely keep an eye out. It has already gone up in anticipation to earnings. This will be volatily when they report earnings on the 9th of august. It has already spiked to the high 1's 2 months ago, so there is quite some short term potential I suppose. Just be aware, I would not predict earnings if I were you

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TravisGoodson
TravisGoodson Aug 07, 16 6:07 PM

Remember that you get 3 day trades per 5 trading days before your account is out to restrictions. You will get a PDT warning on your last day trade prior to restriction. Also if you buy in lots and say but twice and sell that day it counts as 2 day trades

Barcode1337
1
Barcode1337 Aug 07, 16 6:14 PM

Well lets put it this way... you can do exactly what you said, but if it drops that day and you try to sell its your 4th day trade period and that is what happened to me. So be careful and good luck

TravisGoodson
1
TravisGoodson Aug 07, 16 6:20 PM

It happened to me before too so I created my plan around it. If I was out of day trades I would either wait for one to be credited to my account or buy into the close to limit the amount of time I had to hold before I could sell without penalty

LeoKing
LeoKing Aug 07, 16 8:37 PM

Thanks for the advice guys. This info will be very helpful in the future. Hope everybody profit this week.

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TravisGoodson
TravisGoodson Aug 07, 16 3:23 PM

I'm new to the site and have found that when trying to upload recently closed trades that it lags to find them

TravisGoodson
TravisGoodson Aug 07, 16 3:23 PM

My last trade from Friday just was loaded today

Dylan158
Dylan158 Aug 07, 16 3:47 PM

Im actually trying to post like 3 large positive trades from SPHS back in june but it has never found them. They are on my etrade though...

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iJasonR
iJasonR Jul 03, 16 2:48 PM

@Justinian77 Really? I thought a buy and a sell was one trade. Thank you for clearing that up!

Scr1pt_K1ng
Scr1pt_K1ng Jul 11, 16 3:46 PM

@iJasonR , 1 trade is a round trip, buy and sell = 1 trade, if you are unsure in etrade about this, go to Accounts - Balances and it tells you how many trades you have left and how many trades you have performed

TravisGoodson
TravisGoodson Aug 07, 16 3:06 PM

you can call etrade if you haven't used ETRADE pro and they will give you a free trial if you ask. if you execute the minimum trade amount during the trial you won't have to pay. I have never paid the fee to this day

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