Sold short another 13k shares EXEL this morning at $3.70. R2 resistance sits at $3.73 and is a brick wall. 23,500 shares short now. When NDX pulls back, EXEL will drop hard. Always does 🙂
I wait for consolidation patterns, giving me a good entry. The tickers found on the list have the fuel needed to squeeze. It’s all about finding the best entry point.
RC,
What do you think of re-entry in MILL?
Possible, but I would wait for it to consolidate a bit more. Max stop would be losing 4.66
Do you change the search parameters on your runner screen to narrow further on days like yesterday when most of the market is up?
No, but it can easily be done.
Thanks for the response on MILL. What ‘s your target on UNXL?
$10
Sold short another 13k shares EXEL this morning at $3.70. R2 resistance sits at $3.73 and is a brick wall. 23,500 shares short now. When NDX pulls back, EXEL will drop hard. Always does 🙂
Good luck.
When finding single day trades such as these, do you research mid day and buy at close, or research at night and buy on the open?
I wait for consolidation patterns, giving me a good entry. The tickers found on the list have the fuel needed to squeeze. It’s all about finding the best entry point.