timothysykes

$157 profit DXTR Long Stock

Entry comments: I dip bought this play that I reviewed in today's video lesson http://tim.ly/sykesconvincing watch the .35 closely, that's the key level it needs to breakout, yesterday we got a small breakout but it wasn't convincing, today I go smaller, but it's holding key support in the .32s so far so my risk is I lose 2 cents, potential upside of 6-10 cents/share if we do get a breakout

Exit comments: It got up to .37 but came down in a hurry, this is EXACTLY what I was talking about in today's video lesson http://tim.ly/sykesconvincing this breakout just isn't convincing and it's up a ton the past few days so I'm out roughly breakeven, it was worth a shot, but not the price action I want to I play safe

 Received 1 Karma

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timothysykes

 Received 6 Karmas
communist_owl
communist_owl Jun 28, 9:54 PM

FO-KIN beautiful analysis right here----> "MBRX surprised many, including myself, with their continued strength, but it's most just over-aggressive short sellers getting squeezed". This is textbook, seasoned trading folks.

LegalPimp
LegalPimp Jun 28, 10:48 PM

This watchlist really hits home. I've been one of those early shorts getting squeezed too many freaking times!!!!

DCGains
DCGains Jun 28, 11:57 PM

Solid and very well played, Thanks Tim

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timothysykes

$2,024 profit DXTR Long Stock

Entry comments: This low priced junker seems to have the momentum today as similar plays DCTH, ANY, MARA have seemed to lose their momo so this is the current play and it's close to a one-week breakout...it just dipped into the .32s where it has a lot of intraday support and I was trying to build a position there, but it's uptrending now so I'll sit on my position for now and look for a high of day break, goal is to make 10-20%, stay conservative, not every stock will be a home run, but this is the niche now

Exit comments: Beautiful followup spike, actually got all the way up to the .38s, but I was in the shower so I'm happy to sell here since it hit my goals and like I say again and again, it's better to go for singles on these speculative plays, especially as the overall market is tanking, I'd be extra-careful on all longs right now...potential re-buy for me before the market close, but right now I like locking in profits here

 Received 3 Karmas
npw109
npw109 Jun 27, 4:21 PM

thanks Tim I was able to get in during breakout of .35 and exit at .38. nice 9% profit.

DavidVRey
DavidVRey Jun 27, 7:43 PM

is this worth trading tommorow morning?

ambitious_
ambitious_ Jun 27, 10:47 PM

2,000 DXTR in on Friday at 0.26, out early morning today at 0.31...Wish I would have held a bit longer, again sold to soon but better safe than sorry

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