So I've been adding on this bear flag, and we finally got that pop....
I'm bullish on this stock, but it seems to cycle between overbought and oversold on the intraday (15 min to be specific), so I unloaded (at $5.95) all of the shares I added to lock in some profits, I'm back to 3k shares.
Will add again if MFI goes oversold on 15 min chart. I drew some arrows, but I'm really looking at the MFI indicator at this point. Maintaining 3k shares because it's still unpredictable at best, it may still shoot up to $7, but that double top at $6.6 looks like a tempting place to unload some more shares.
H&S, double top, new 52 wk high, take your pick. It's all a guessing game with this stock, just buy the dips (MFI oversold) and you'll be fine...
I'm bullish on this stock, but it seems to cycle between overbought and oversold on the intraday (15 min to be specific), so I unloaded (at $5.95) all of the shares I added to lock in some profits, I'm back to 3k shares.
Will add again if MFI goes oversold on 15 min chart. I drew some arrows, but I'm really looking at the MFI indicator at this point. Maintaining 3k shares because it's still unpredictable at best, it may still shoot up to $7, but that double top at $6.6 looks like a tempting place to unload some more shares.
H&S, double top, new 52 wk high, take your pick. It's all a guessing game with this stock, just buy the dips (MFI oversold) and you'll be fine...
Комментарий:
Not really sure if this has another leg up or not, dumped another 1.5k shares this morning. At this point, this would have to go down to $1 for me to lose money.
If it hits $7 - 7.25 range I'll probably dump the rest and look for a dip.
It went overbought with MFI divergence on the 15 min chart, so I'm expecting this to head back down, but kept the profits in stock just in case.
Still buying the dips when MFI goes oversold. Expecting it to retest the $5.25 support to be honest. Will definitely add again there.
If it hits $7 - 7.25 range I'll probably dump the rest and look for a dip.
It went overbought with MFI divergence on the 15 min chart, so I'm expecting this to head back down, but kept the profits in stock just in case.
Still buying the dips when MFI goes oversold. Expecting it to retest the $5.25 support to be honest. Will definitely add again there.
Комментарий:
Looks to me like a double top, sold 500 more shares, down to 1k shares just so I can keep an eye on this. Definitely showing MFI divergence on this peak.
We'll see what happens next week, there might be a day trade opportunity Tuesday morning.
We'll see what happens next week, there might be a day trade opportunity Tuesday morning.
Комментарий:
Note: My 1k shares is entirely profit, plus I locked in some cash on this one, loving it.
Сделка активна:
MFI indicator went oversold on the morning dip, so I bought back 2k shares. Not really sure about this but that's what the indicator says.
Appears to be holding up well in a crap market, doesn't seem to be trading with indices at all, just doing it's own thang.
Appears to be holding up well in a crap market, doesn't seem to be trading with indices at all, just doing it's own thang.
Сделка закрыта: достигнута стоп-лосс цена:
Got stopped out right away, lol. Sold the remaining 1k shares as well. Done with this until it hits support again. Nothing goes up in a tanking market, all cash now.
My add point is now whenever it goes oversold, 1k shares at a time.