$OPTT

Trading Volume is where i like it to be. % gainer is where i like it to be. And has breaking news. This trade checks off 3 out of 5 traders checklist. I just hope i have my timing right on this one. I now have level 2 quote and breaking news on STT. I'm hoping this will help build up my odds of success.

Goal: IN $1.30 OUT $1.70

entry: i'm planning for a gap up monday morning from breaking news on friday evening during close.

exit: planning to exit quickly as soon as it passes a $0.40 gain

I'm also going to trade with a real small amount since i'm still getting used to trading in this type of volatility 

 

R/R - cut losses at $1.23 and loss 5%. But hope to gain 30%