Bought 2400 @ 46 and sold @ 51 during closing hour when the longs start pumping and made an easy profit though patience and predictable trends. You found the right stock though, chatter is a 50% increase this week so with patience you could likely still pull a good profit from the day high purchase.
Daily support was .465 and resistance .495 - excluding morning rush. Morning rush trend is short followed by pump almost always ending in a dump all in the first 45 mins of market open.
You bought the high right after morning freak out(pump) and sold on down slip during the lunch calm.
Bought 2400 @ 46 and sold @ 51 during closing hour when the longs start pumping and made an easy profit though patience and predictable trends. You found the right stock though, chatter is a 50% increase this week so with patience you could likely still pull a good profit from the day high purchase.
Daily support was .465 and resistance .495 - excluding morning rush. Morning rush trend is short followed by pump almost always ending in a dump all in the first 45 mins of market open.
Join now or log in to leave a comment