Nice recovery are you only playing the swings on these or are you looking to short once you are out of it?
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daily chart is super choppy, you are essentially gambling cause its 50/50 what will happen. better option is to wait for premarket activity and then decide
But what is the gamble on? With BIOTECH being hot right now isn't it closer to 25/75 if they give info on the phase 3 trial? I bought a small position just in case so far it is working out. We will see what Monday brings
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I wouldn't at this time of day but that is because i was in this am
ill be looking to buy before close if it drops enough, I would assume this news will create a jump at some point maybe tomorrow morning
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I rarely buy new positions in the morning because the spikes are too quick to alert, but that doesn't mean you can't trade them
Also as a heads up, by buying trades the day before selling, it allows you to not reach your "Day Trade Threshold" for those of you with balances less than $25000.
@timothysykes thanks for the clarification. Finally getting fully on board here and looking forward to the ride. I will be one of your Millionaire students shortly!
@rezamohamed Here are some morning breakout charts to study http://2alive4925.svbtle.com/day-2-morning-breakout
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@osirus1 just became a fully transparent trader today!
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