I sold off my first lot at 3.80 and then 3.71. I made .5R on the trade. I was a too skittish to hold for the second move over 4 as one of my other trades was going against me. Too bad because this wound up running all the way to $4.50
Monday, November 17, 2014
VGGL Fishhooked it for profits.
So although I shorted VGGL after its first run and made good profits, I was impressed with its resiliency. Despite what I might think of this stock, It's chart was showing the potential for a perfect Fishhook. I resolved to buy if it popped 3.50. It did and I got filled @ 3.60.
I sold off my first lot at 3.80 and then 3.71. I made .5R on the trade. I was a too skittish to hold for the second move over 4 as one of my other trades was going against me. Too bad because this wound up running all the way to $4.50
I sold off my first lot at 3.80 and then 3.71. I made .5R on the trade. I was a too skittish to hold for the second move over 4 as one of my other trades was going against me. Too bad because this wound up running all the way to $4.50
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