XCOM
Analysis - Waited for lunch time approx. 3 hours after the open 12:30ish
Looked for intraday support/resistance on key number in this case $1
It's up so much and had no solid news/catalyst for the 200%+ run up so it was gonna come down for lunch/afternoon fade.
Made a nice 8% but my profit target was .90 cents for 10%
A whopping $6 gain after comm. LOL
Posted Aug 24, 16 4:14 PMbystaxchips
Tickers
$XCOM
this may sound stupid, BUT how do you short? I don't get it.... maybe I just haven't studied it enough
@BossYancy you need to watch How To Make Millions the best stuff for beginners! but to answer your question its basically the opposite of buying, so you are borrowing the shares or shorting you take a negative positions when you predict the stock will go down and you profit off of it!
@osirustwits So, in line with this, is your profit chart loaded with fibs?
@BossYancy For suretrader on the 'Web Platform' there is literally a 'Short' button you click, you can't miss it
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