Sent in a limit order of 2.12 yesterday for OGXI. This is a stock that I have been watching since the beginning of the month. It has been trending in a range from 2.10-2.30 ever since the October 1st in a pretty predictable pattern. Once it hits support it tends to bounce back up to resistance and vice versa. Although 20 cents a share doesn't seem like a lot its still a 10% change. I'm trying to grow a $1,000 account and i have found this stock and its pattern to be pretty reliable for me. As i'm writing this OGXI has already bounced back to $2.22. I will be looking to sell when it gets between $2.25 and $2.30. Not the biggest win but it's nice to see trades that turn you a profit when you're new like I am.
Posted Oct 21, 15 2:50 PMbyd_caulfield
Tickers
OGXI
Hey im new to trading as well very knowledgeable in investing. Take a look at $RDSH
Only thing I would say is don't set a price target to sell. This has happened to me countless times where i set a price target of lets say $3.00 and it hovers around 2.90 then fades back down. Get out as you feel promoted. Use price action and volume. Don't let your greed determine when you get out because that's when you can get caught bag holding. Happy Trading
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