timothysykes

$285 profit VG Long Stock

Entry comments: I dip bought this earnings winner on a potential afternoon double bottom at 7ish and tons of technical support in the 6.80s...goal is to make 30-50 cents/share on the bounce, it already hit the 7.50s today, but this is a slow moving stock so I wisely did not chase as I said in chat midday...now I think there's better risk/reward

Exit comments: Little gain overnight, still facing resistance at 7.14 which was afternoon resistance yesterday so I'm taking my safe profits and will look to re-buy only if it can break above that key level in a meaningful way

Received 2 Karmas
krishna1082
krishna1082 Oct 26, 16 3:36 PM

I don't know you haven't done so well on the expensive ones.

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