timothysykes

Entry comments: Bought this 2-week breakout above 2.35 of this small restaurant stock earnings winner, video coming on why I like this setup, but as proven by MNDO, PLNR and now RAVE, earnings winners can spike later on too, goal is to sell at multi-year reisstance at 2.70, only like 5 cents/share of downside from here so 5-1 or 6-1 risk/reward pretty good even if this isn't going to be a huge huge huge trade and light volume means don't chase it, always consider risk/reward BEFORE trading a stock

Exit comments: Sold for a disappointing 10 cents/share or so, probly bounces more later on like earnings winner SMSI, but I can't sit here all day for such puny potential gains, just not volatile enough for me, will look to re-buy if it can come back to 2.35 breakout levels

120

DatePrice
Entry1/22/20152.40
Exit1/23/20152.49
  • Total Views1,674
  • Position Size7,000
  • Percentage3.75%
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