Starting this morning long on IHRTQ and NGTF.
IHRTQ is down from where I bought it. It's been climbing for a few days. It dropped sharp on 02/07 and spiked on 02/08.There's support just under where it's at. I'm thinking it's going to spike this morning. I went in at $1.50 and I want $.50/share. I believe it will spike higher than $2 before falling. I plan to sell at $2. After the spike, it will probably drop significantly and I will attempt to buy into the dip.
THAT'S MY THESIS AND PLAN.
NGTF hopped up since 02/08, probably because of their big ice cream award win. It seems to have leveled off yesterday. I'm expecting a spike there as well, followed by a sharp drop. I'm in at $.68, right where it started. I want $1.
Alright! Today will be about building watchlists and making clean trades.
Good luck to everyone.