Received 3 Karmas
wannabestocktrader
1
wannabestocktrader Jun 25, 17 1:03 AM

Good video, thanks for sharing! About OVAS though, I think your r/r was underestimated. This is what I see after the fact: https://gyazo.com/ffc9909a8a92f869f8dcc903034f1730 So basically if you did want to get in at 1.75 on the dip to support, your downside risk should be about 5c (regardless of your intentions). Upside, $1.84 was very indeterminate. Solid res was around $1.88, so let's say you played it safe, in at $1.75, out at $1.84, perhaps a 'safe' 9c upside vs 5c downside. Not amazing, bu

wannabestocktrader
1
wannabestocktrader Jun 25, 17 1:03 AM

Not amazing, but not terrible either. It's a setup I would take if I saw though (1k shares max), trying to play small.

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