Thursday, September 18, 2014

Daytrade CMGE,

CMGE was probably the best looking chart that I saw last night.  I set an alert but it gapped over.  Fortunately, there was a retracement.  I got my fill 25.40.  I had intended to hold this as a swing trade but it got a big burst behind it and rallied up well over 10%.  Gift horse meet mouth.

  I sold 1/3 at  26.41 +2.01 and then as it started to fade-- have I mentioned that I had breakouts that fade-- I sold the remainder at 26.65.  + .4R on the trade.

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