A great trade today! But, it wasn't perfect because I hesitated in buying and ended up chasing for a hot minute. I could have lost big, so I don't plan on doing this setup very often.
Ticker: RGC
News: No specific news. It has been a multiday runner of giving big wins with big flushes
Float: 2.3M
Price Bought: $31.94
Price Sold: $35.00
Profit: $122.40, 9.6%
Total Balance: $1,250.88
RGC was the biggest gapper and had the most attention. The morning was very slow with no great news overall. I thought about buying at $24 but didn't because the volume was low. When it started moving, it moved rapidly. Because of the large moves, I decided to jump in. A very risky move on my part when I should have been more cautious. I decided to set my price target as $35 as it seemed to be moving to whole dollars pretty fast. At open, it halted and I got out with a great trade. Now, it is halted again around $39, but I'm happy with my trade and can work on my FOMO. Nice to be done right after bell. Can't wait until I can build my account and trade a little more frequently. Of course, one trade a day is definitely the safest way!
No comments:
Post a Comment