Sure looks like a repeating pattern of morning spikes and then leveling off for LEI. Like every day. Its on lots of watchlists. I am not holding any shares long but I do want to be in for the possible spike in the morning.
Do I just put in a market order before open to test getting in the action and then set a tight stop once it opens or do I wait to see action and repeating spike? My worry is that there wouldn't be time to see the spike happen before it already happens. I do have good level 2 finally.
Can anyone advise how you would proceed?
Thanks
Posted Apr 11, 16 11:33 PMbygoodtimej
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Buy-Ins
agree with TraderHersh.. You might as well go to the casino with a stock that unpredictable
Appreciate the words. So I am correct in thinking there won't be time to see a rampup there? It's just gonna happen quick if it does? Thank you.
I have no idea honestly. imo i would only consider long if it held its gains intraday. just too much risk of chasing the morning spike and then getting caught at the top. If i were to play it I would be short with $7.20 as risk level but unfortunately shares are hard to find
Thanks a ton fellas, I'll stay out on this advice
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