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Entry comments: Buying this weed stock to hold overnight. Definitely over trading today. However, based off technical analysis, this should bounce a little tomorrow morning, and it usually gaps up a little anyways. So I feel safe holding this over night. Also, these stocks could have good news come out at any second and just soar to the moon. Or it could do the exact opposite. Either way, as I said, I'm going off technical analysis for the most part. Goal is to make .20 to .50 a share.
Red to green on the day and fought this thing all day. Kept setting new highs, with higher lows, but just could not stay at the highs. Was going to stay with it through the close but that would of meant hoping instead of following the plan... I wanted at least 10 cents only got about 5 cents though. Oh well glad to be outta this one ha.
After my hit I continued to watch Intelsat. There appeared to be good volume heading up and I bought. The rest of the day it consolidated & dropped to give me just over a 1% loss. Since it appeared to be holding this level I didn't get out. Patience paid on this play as I went all the way to 9.50. I got out right after a spoke to 9.53. Took my gains and walked away. Glad to be positive for the week so far.
Entry comments: I was watching EBIO out of the gate, it had broken out on Friday, I wanted to dip buy it around 1.85, I figured resistance was around 1.75. At 9:45 it hit it's low at 1.83 but I didn't pull the trigger. I bought it on the dip after the cup and handle morning break out. Goal is to sell it at 2.20-2.40
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