scratch
Multiday Breakdown. Entry. Shorted close to $2.8. I did the usual and spiked close to $3 and then failed. $2.73 is a key level. Exit. 0.44R. Covered into the panic. Took the predictable part of the move.
Multiday Breakdown. -0.11R. Shorted at $2.95 but then it bounced, stopped me out and it is closing close to lod. Lame but it did not crack and I was not going to swing this short given the commissions with TZ. Ok loss here. Momentum is gone.
FGDB, $2.50 Support bounce, so got in at $2.59 with tight risk, instantly started to go with me, and when opened spike r/g, sold 1/2 at first point of $3.28, then when wicked off 2nd sell point of 2.58 at 2.579 and came back decided to sell rest at 3.30 and just lock in 27% after a poor month.
Premature entry for FGD. Risk was VWAP ($2.67).
#5 FGD bounce pattern from Ellis, got in at the open when it turned r-g. Sold before hitting the 3.50s, which I suspected there might be resistance.
Entry comments: Taking this b/o continuation set up on the morning fader pattern. First target is near VWAP which is at $4.26; then hope it can go even further. Initial risk is $3.60
Exit comments: Taking this at breakeven as it did surge up near VWAP but couldn't hit my target of $4.24 and then started looking weak. Wish now of course I would have taken some profits in the high $4 teens. But glad I saw it wasn't going to be able to bust VWAP and take it off at break even, no harm, no foul. Play here actually looks like when it bounced off of the lower support level then taking the exit at the entry of $3.90 (or holding some into VWAP surges)
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
