iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

Bounce Alert!

I’ve been managing $BCRX since last week after getting the alert from RaginCajun.  I elected to forgo the quick profit from the gap up the next day after my entry because I sensed that this one could be a runner.  Thus, I’ve bought and sold shares of $BCRX to manage my risk so I don’t get slaughtered along the way.   I was down to 25% of original position from yesterday and now I’m back to 110% due to the positive price action this morning.

The chart below clear shows a bounce.

BCRX_daily

Time will tell if this will become a runner like I sense it is.

My 2 cents

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