Trade Better by Staying Informed*
Profit.ly lets you learn from proven experts. With lists of trades like this, you can share your activity with an engaged community.
Join us today and get what you need for trading success.
Entry comments: Alert pre-market on news. Waited for B/O above VWAP & open along w/ getting out of other play. 1st GRN day. @ EOD closed near highs, multi year high, & in chart rules; RSI 72 EMA4. RISK: day low 6.75, moves to EMA4. TGT: 10-11’s, maybe mid 9’s due to market.
Exit comments: Public offering announced premarket. Sold @ open.
SAVA had a massive gap up and started tanking/fading pre market, looked like it had found a bottom and there was still lots of volume going into the open, low float. Thought this could have a reclaim pattern at least to VWAP so took a starter then added. Another good spot to add would have been after that dip help just before the open and add under 1.18
Positives about trade: plan was excellent/low volume/first red day/heavily resisted Negatives: trying to save pennies on sure win rather than getting in at good price What happened: I saw this early enough to get in in the 3.64 area before the original drop to the 3.40's . WHAT will I do next time: NO PENNY SAVING& NO CHASE wait 4 bounce
What Are You Waiting for?
These are just a few of the trades that are already happening through our system. Join Profit.ly today and reap the benefits of expert advice and a supportive community.