Good evening team!
today was by far one of the most interesting days although the market wasn't as hot as we anticipated
even fidelity watchlist wasnt so tempting besides CREG.
I've been watching XNET for the past few days and had it in mind for today. #timalerts
as you know if you want to trade effectively, then you must spend time pre market and following news and study charts, so I was up since 3 am doing my research.
it held a good 18% through out the day until close to closing when I noticed a huge volume of buyers and several "tea cups" thats when I decided to go in long @11.21
it was pure beaty and action (volatility) from there till closing, reached a high of 13.98 but i wasnt quick enough to compromise resulting in losing an additional 1.21$ a share as I sold @12.63. Tims strategy is trade scared and get out anywhere between 10-30% so a good 11% profit is well worth your day regardless of the money made, remember the true valuable is the stock quantity that you own!!
market closes at a tight 13.09$ indicating a nice spike next monday.
what a nice end for the week!
Thank you Tim and all you amzing traders on here and twitter for sharing a piece of this endless cake ;)
now its time to enjoy a nice weekend in california while ending each day with some self education.
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