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Entry comments: Bought on good earnings wanted to sell 0.45
Exit comments: Not a liquid stock sold on the bid
Bought MICT at 1.23 on a dip on a little delayed morning spike. Risk is 1.16. MICT had positive news of record backorders of 11.5m and it had a nice spike in reaction. Im buying on the first dip off the spike for continuation. Sold MICT to cut losses. It gave a lousy attempt to bounce but ultimately failed. Mainly from no volume. Bigger loss than I wanted but its bc my position size was too big. On to the next one!
In and out! this one bounced only a sliver after it's morning crash, I tried to execute my sell at .47 but my RBC account locked up so I had to log out and back in, by this time it dipped to .442 where I did get executed finally!
Timing was right this time. Shorted 50 shares at 79.50 and another 50 at 79.90 when stock wasn't breaking 18 and in 90s on Stochastic. Stock came down very nicely. I covered 50 shares at 77, and tried to wait for crack of 76 for other 50, but it started to base, so I covered other 50 shares at 76.35. Very happy with this trade!
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