deka

[TimAlerts] XLIT shorted 2,7k shares at @1,06, covered at 0,78 thanks tim!!

deka

[TimAlerts] $ALXA closing strong and proved it can spike, big support in the 0,58ish area and chance to spike 0,10$/share at 0,72 resistance. i will be long at 0,63.

deka

[TimAlerts] could someone explain the reasoning for shorting $TRC: i won't personally short TRXC it seems to have day support at 3,21 and it did not prove to crack this support level so no play despite downtrend and toxic financing

Received 2 Karmas
AirplaneJane
AirplaneJane Feb 02, 16 5:45 PM

@ironmiketyson86 it spiked up and is up 20% in 3 days and it's at new 52 week highs. once the volume slows there will be profit takers that aren't all long term holders and it will fade. today showed the first sign of selling.

ironmiketyson86
ironmiketyson86 Feb 05, 16 11:35 AM

Yeah, you nailed it. I would've waited another few days for it to spike higher though taking in mind some lessons from tim's vids.earnings can spike days or stay up for weeks. Of course it's easier to say this in hindsight. I would just have been more cautious but that's just my personal style. All in all, great trading!

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