We are a community of nearly 150,000 traders and investors looking not just to earn maximum profits, but to help each other learn and better capitalize on all the various stock market opportunities we see every day. Interact and learn with the best traders online who actually show ALL their trades, winners AND losers, to help you take your trading and education to the next level!
traders use Profit.ly. Join them today.
Here is what is currently happening.
Afternoon dip buy after the dreaded 3:30 drop. Went up to $2.60 then back down to $2.40. Was ready to add on to bring my average down and sell on the upswing, but didn't need to. Topped out at $2.50 and sold at my hard stop of $2.44 just before it declined to $2.27. Good exit, patience not panicking at $2.40, since volume wasn't there.
Shorted 1500 shares of IGC at 2.63 on 3rd red day. Stock dropped to lod at 2.58 and rebounded. Showing support at 2.64 and climbing. More buyers coming in. I think this stock will rebound so I got out for a small loss as chart shows support for higher price climb. Stock is now at 2.70. May reshort at market close.