I made my last trade on Monday, I couldn't trade any other day because this week is so busy, last days of summer = so much work ugh. Today it's not even my free day I can stay in front of the markets today just for 3 hours MAX which sucks and I'm also really tired, I'd prefer not take a trade and risk losing due to tiredness and bad judgments, I can wait until next week so whatever, in fact next week I'll have a bit more time since summer is over and there won't be so much work to do.
Can't wait :)
I will be looking at market behavior though, the more I see the more I am familiar with it
Every time this stock tries to spike it just fucks up the next day, all the bag holders from October probably putting a lot of selling pressure and I haven't researched anything on this stock so I don't know much but this is not a good buy in my opinion, look at it's history it's absolute crap for longs for 2nd day. Sometimes when it gaps up it just slams down a after a morning spike you can see it by this chart.
This looks like a break out play, since it's a break out play and it broke out just yesterday this might test the 2.50 today, but if 2.50 fails I believe this will slam down, don't forget this stock has a history of bag holders who want to sell at a good price.
So both of these I am short biased but don't let my silly bias influence you - just this hour I had time to see what happened yesterday I didn't research any of these, I remember $MNKD and some SEC fillings I don't remember anything positive though lol.
So maybe these are not good shorts but right now they look to me not very bullish considering $PYDS history and $MNKD 2.50 resistance