EARS - If it falls under support at 1.77 then it's naptime down to 1.50
FB - Passing 180
BSPM - with such a huge Friday retracement and falling under support I have to believe it's on it's way to the 2.46 level from the close of 1/25/18 and possibly lower assuming it isn't overshorted causing an early bounce. Volume is likely to fade quickly.
CADC - stopped at support of 2.45 so the wind can take this either direction but I still believe this has long term bagholders that will be getting out and causing this to go lower unless it has a few more PR's in the weeks to come.
On a side note: RIP PULM - It's been beatup bad, and it has earnings this week which aren't likely to save it and as of now there is no runup prior to earnings so could this be the next bankruptcy stock? IDK but its sad to see these infamous popndroppers fade away.
Well, it has finally happened, after 2 of the most jam packed studying and chart analyzing years of my life I can say I have made 5 figures trading. The crazy part is I've barely scratched the surface of what is possible.
The hardest part: For me cutting losses has been the most difficult thing. I get distracted far too easily and therefore I've had to adapt and alter my trading style quite a bit.
Another difficult part is I kinda wish I was closer to someone above me whether Tim or Dux or Roland or anyone with a great amount more experience than I have but I can't complain.
All in all its been an awesome experience and I find myself teaching others something everyday. I can't imagine what it's like to be at 50K or 100K or more but one day.......
Honestly the plan from here on out is to keep my head down and sneak in and out unseen. Keep size managable, most of my short positions are from 4 to 6K with very few exceptions. Long positions it definitely depends on the pattern but I keep them small around 3 to 4K until I get much more comfortable and profitable on them. Also, I use tradingview because it has an amazing alerts system. It can alert you when a stock breaks a trendline or exits a channel, or if an indicator passes a specific level and it can send the alert to your phone which I'm told certain other programs don't do.
I wish everyone on profit.ly the best!