Entry comments: Starting small long position, already have http://tim.ly/timlong longer term position, same kind of dip buy after big news as DGLY, this one looks to have found a base in the 1.80s, if it can continue to uptrend a bit more as its started to do this afternoon and go green on the day I'd love to sell this short-term position in the low 2s tomorrow, not much risk if I'm wrong but DGLY's perfect bounce means pattern works right now
Exit comments: Zzzzz got a little bounce, but it ran into a wall in the low 1.90s which is yesterday's highs too, not a good indicator unlike DGLY which made NEW highs within 30 minutes of my buy, see the difference? Same chart pattern, but this is a scratch while DGLY spiked 60 cents/share from my alert, gotta try this pattern though, very low risk, if wrong I make or lose 1-2 cents/share, if right I'd have made 10-20 cents/share, good risk/reward, still holding small longterm position, video lesson coming
Date | Price | |
---|---|---|
Entry | 7/17/2014 | 1.86 |
Exit | 7/17/2014 | 1.905 |
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- Position Size15,000
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