Skip to main content

August 7 2017

Aug 7, 2017

PM scan:
$BIOC ss 1.80-190 area where resistance is
$CLNT over 5 whatch


Open:
XXII ss start too early thinking of hod risk, start 2.67 covers some
- shorts still in it after being in too early to short at the open. On spike to 2.84, there was a lot of covering because of hod pre market. Got full size :)) 650 shares 2.74 and cover on the way down, lest cover 2.50 area. See the chart.


Conclusion: pre market high and open red candle can drive the stock hi. Given more time.

Comments

Post a Comment

Popular posts from this blog

Aug-1 Trades

AUGUST  2017 $SKLN pm plan, waited for open with risk of hod, start short around 2.02 area. after 10 min went dont under vwap, cover half rest will cover into low .70 also looking to add into a vwap rejection still keeping hod risk or even 2.10 area. $MBRX nice open squeeze short front side, looking for a short into 3.40 area only. Update: I did start short 3.32 area with 10 cents risk, minutes later start to drop and close 3.09. I did cover some at 3.32 thinking this can run up back hod.
Post a Comment
Read more

Done it to early wrong  10.3.17

ECYT had plan this to ss at open volume around 5.80 where I did not. Old bad habits. Start to early of course got squeeze and got out loss. After 10.30am the volume b/o over 5.73. At that point said my self this is not a ss day for me. Better stay out.  As seen Dante blog about % at 10.30am. This was over 75% meaning not a good idea to short. MTBC  I only blame myself how i trade this. Plan was to ss into vwap rejection witch did twice but greed made me hold cause I want it under $4. I did add into pop volume 4.30 area had good avg. Cover my position cause had leave the computer for work. Looking at chart now makes me feel frustrated of how i trade it. 
Post a Comment
Read more

January 2018 month of notes, trade ideas, changes

Michail Shadkin Rules 1) Never average down on a long 2) Can add on shorts up until ~10am (not for beginners) 3) If stock is still above VWAP and in the top 25% of intraday range around 10:30ish - get ready to get out if short. If not short, consider going long. 4) If stock is under 50% intraday range at 10:30ish, don't ever go long. 5) If stock is trading in the lower 25% of intraday range after 10:30 and you chase short, set mental stop at 50% intraday range, and get out if it crosses over this point with good volume.  Consider going long. 6) RESPECT YOUR STOPS! 1.2.18 WATT and KOSS last year movers. KOSS- push into 2.80 and rejection will be nice for a shorts or drop at open and resistance 2.30 BURG - needs to form a trend TEUM - 2.30 1.4.17 TEUM - over 3.40 CNET - over 3.10 suppport 1.5.18 CNiT - CNET - HTGM - TEUM - 3.10-3.25 1.8.18 DELT - 1.82 support MYZS - 2.30 support 1.10.2018 - wait that 15 min HMNY - needs correction, 9.50 to make a...
Post a Comment
Read more