timothysykes

Entry comments: I dip bought this multi-day earnings winner into a midday panic 10% off its day highs as the overall market is fading and this is over-extended, goal is to sell in the high 6s or low 7s, potentially dip buying more into further fading as multi-day support is 6.20ish

Exit comments: I got a little bounce, so I'm taking it as I just don't trust this market right now so I play everything much safer and with a very tight leash...my averaging down closer to support at 6.20 is what made this profitable, otherwise I started buying this too early so good lesson for me

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Position Updates

  • Oct 29, 18 1:52 PM: Bought 5000 at 6.43 - I dip bought this multi-day earnings winner into a midday panic 10% off its day highs as the overall market is fading and this is over-extended, goal is to sell in the high 6s or low 7s, potentially dip buying more into further fading as multi-day support is 6.20ish
  • Oct 29, 18 3:36 PM: Added 5000 at 6.25 - I dip bought and added to my longer term position as I said I would in my earlier alert, taking advantage of this big market drop, I was just a little too early with my entry so glad to get my average down closer to support at 6.20ish
  • Oct 30, 18 12:00 AM: Sold 10000 at 6.46 - I got a little bounce, so I'm taking it as I just don't trust this market right now so I play everything much safer and with a very tight leash...my averaging down closer to support at 6.20 is what made this profitable, otherwise I started buying this too early so good lesson for me
DatePrice
Entry10/29/20186.34
Exit10/30/20186.45
  • Total Views556
  • Position Size10,000
  • Percentage1.74%
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