I believe that this trade would fall under the category of a "second day play," but to the upside. Yesterday this stock traded between its opening, at .32 cent, to closing at .52 cent,just .03 cent under its intraday high. FCEL spiked in the premarket hours for a second day in a row. RVOL was elevated on both days, after news was released revealing that the company experienced great success of their fuel cell power plants in South Korea. My plan was to monitor the 1 minute and daily charts at opening and observe certain select support and resistance zones that I had marked up on my charts during my morning prep. I was convinced that this stock would trade higher today, but I planned to set tight stops to manage risk as best as I could. This trade was made on a simulated trading platform using ThinkorSwim, through my TD Ameritrade account.2019-07-03 10:38:16
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