$CASI Head And Shoulders gap up short visualised for Stephen Jonk87

Monopolist Jun 25, 18 4:54 AM

Download the chart to your computer and zoom it in so you can see everything clearly, profitly don't zoom in enough

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($120) loss CASI Long Stock

Entry comments: I dip bought this runner at intraday support, nice multi-week breakout, just off its highs only due to nasty overall market, goal is to sell into a bounce in the low to mid 8s, similar to my earlier bounce plays on AQMS which I underestimated greatly

Exit comments: No gap up so I cut losses quickly, onto the next, rule #1

Received 2 Karmas
Persia May 04, 18 12:20 PM

stick to rule#1 - doesn"t go your way get out to save losses

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@timothysykes $CASI In yesterday at 2.23 - bought it as it broke out about an hour before the market closed. I guess it was a bit risky holding it overnight, but today I got out at 4.00 (a little early from morning spike) making $1700 on my first trade ever since watching your videos. You have made me a true believer! Thank you!

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