This was an earnings winner multi-month b/o on strong volume in a hot sector while the 3 indexes I follow were all up >1% on the day - a true sniper trade. As soon as the stock's ask broke the b/o level, I jumped into the trade. The level 2 crossed, making the trade a little hard to read while I was in it, but I compensated by watching the time & sales window too. The trade went my way for a few minutes, but the stock has already been going up for 3 consecutive days so it had that against it.
...After I exited the last trade, the stock looked like it reached its bottom. Some big buyers stepped in and for 3 minutes, it uptrended from $2.7-$2.9. I didn't want to miss the bounce, so I got in at the top of that mini-bounce. I liked this bounce a lot because during it, the buyers took out the massive 150k share sellers that have been pounding the stock down. I thought this was the beginning of the recovery. I was wrong and the stock made new lows again. If you're wrong 3 times, walk away.
...After I exited the last trade, I wanted to get in at lower prices with a low risk level. At this point, the stock was showing some solid signs of support and was even starting to uptrend just slightly, so I got it. I was risking off the previous day's highs. Again, big sellers knocked the price way down after I entered and then I was out quickly.
I saw this stock a few minutes before the market opened on the day. It was going crazy pre-market from the news last night about the EV joint partnership. I came out of retirement for this stock because it was tanking big while the market was going up. Pre-market it got up to the low $5s from a previous close of $2.52. I figured it could have a bounce after its panic and get back to near its pre-market highs, but after I entered big sellers just kept stepping down on the price with each downtick
This stock had the perfect setup for an earnings b/o today. It set a $2.94 top a few days ago the day after earnings. It retraced for a few days before testing its high again. I wanted to get in right at the b/o of the former high, but it spiked early this morning. I didn't see it until it was into the low 3s. but I didn't chase. I wanted the stock to get up to the $3.4s, but it's b/o was choppy and had a wide spread. Since I wasn't sure it could b/o again, I sold $0.01 below the day's high
This stock is up huge on earnings. Yesterday, it broke through 2 significant levels of resistance on the daily chart and closed very strongly. I bought it into the close because it confirmed the multi-month b/o on strong volume and finished near the very top of its range. After-hours, I was searching through PRs and I found out that the company has a presentation tomorrow at 2:45 pm EST. I didn't want to hold through this, so I got out in a nice little pre-market spike above $4.
This stock was a huge pre-market winner on earnings. It gapped up from $0.834 to $1.38. After the open, the stock came down off its highs. It was still up around 20% on the day, but it was down about $0.80 off its pre-market highs of $1.87. I dip bought it because there was a ton of support around the $1.07 area and that happened to be the b/o confirmation level. It didn't go as planned and the stock just faded to my stop loss below the $1.
After my most recent loss, this stock went down to a very significant support level. The stock was now down >20% on the day, so I figured a dip buy was the right decision. My original target was to sell just under the $0.5 level, before it went breakeven, but it couldn't bounce much. The daily chart was looking very bad by day's end (with a morning panic and no bounce all day), so I sold my position for a very small profit instead of risking it o/n, potentially another morning panic tomorrow
Yesterday, this earnings winner spiked up to $0.69ish and then faded all day and ended the day above the $0.50 level. It opened right above support from yesterday, so I figured I could dip buy it because it was nearly $0.20 off its highs from yesterday. At the open, it spiked from $0.52 to $0.55, but I didn't chase. I wanted $0.51.There was a huge buyer that emerged from $0.51 but was taken instantly. I got in with a limit of $0.51. Right after, it started to panic. Cut losses quickly.