Craziest trading day ever for biotechs. So many opportunities to trade, I felt I needed more screens, more eyes and hands to trade all that tickers today. Missed some plays due to university, even so made
485$ trading very cautiously using 2-3k per trade/ticker (my trading comfort zone on volatile tickers like today's) and sticking to my play (could make much more using bigger positions or holding it for more time) and rules.
- VRX main watch, amazing support/resistance chart makes it "easy" to trade. Has conf call on monday morning w/o Anckerman. No clue where it goes but this chart is amazing for me to trade, perhaps it's bcuz of it's pro traders.
- WTW and ERII two dip buyers only at big drops as it worked well for me last two days. Lost 500$ on 1st day, but now w/o it's crazy momo they're easier to trade. Next time will try to ignore this kinds of momo on 1st day.
- EBAY EW but looks like it topped 27.66, goona short if can't hold it and SPY red or buy b/o. Careful w/ STOPLOSS hunter algos.
- SKX misses q3 EPS now -30% a/h. looking to play bounces, held well 30$ thou. Posible PT updates tmr
- ENTA ABBV dropped hard on FDA warning, playing bounces only. Pos defense tmr
- RLYP MACK selloff on FDA approval, no brainer. Looking to dip buy only
- GNC EVHC ENDP HZNP another today's crazy movers that I missed. Need more screen, eyes and hands to catch'em all
Are shorting WTW and ERII?
No dip buy when the stock is low to play a long position
I play them both ways w/ small position only near supports and resistances using stoploss ~2%
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