@ironmiketyson86 it spiked up and is up 20% in 3 days and it's at new 52 week highs. once the volume slows there will be profit takers that aren't all long term holders and it will fade. today showed the first sign of selling.
Yeah, you nailed it. I would've waited another few days for it to spike higher though taking in mind some lessons from tim's vids.earnings can spike days or stay up for weeks. Of course it's easier to say this in hindsight. I would just have been more cautious but that's just my personal style. All in all, great trading!
@ironmiketyson86 it spiked up and is up 20% in 3 days and it's at new 52 week highs. once the volume slows there will be profit takers that aren't all long term holders and it will fade. today showed the first sign of selling.
@ironmiketyson86 now do you see why I went short on $FB
Yeah, you nailed it. I would've waited another few days for it to spike higher though taking in mind some lessons from tim's vids.earnings can spike days or stay up for weeks. Of course it's easier to say this in hindsight. I would just have been more cautious but that's just my personal style. All in all, great trading!
@ironmiketyson86 For sure in hindsight I began shorting $11 too early.
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