$146 Profit
BYNDLong Stock

Nice trade on a recent IPO runner. Shorts get squeezed and the volatility offers opportunity. I got in with a wide $10 risk as this can gap a gift up gains very quickly. The 1st support level was @ 140 with 138 & 134 following "loosely" behind. I had a target of 172.95 and took half profits around 157.50 The resistance @ 170 was too great and volume too low so I sold as I was not planing to hold over the weekend.
Newsletters:TimChallenge
Broker:ETrade
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| Date | Price | |
|---|---|---|
| Entry | 6/25/2019 | 142.992 |
| Exit | 6/28/2019 | 159.0633 |
- Total Views116
- Position Size10
- Percentage11.24%
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