Shared by
tradeking313
After playing EDNT.. and my #1 stock this morning OSN was still selling off..I checked my scanner i saw SSNT as my #1. I quickly looked at the low float, volume, and news regarding the company selling its EDI Division. It was already up..But I had to get in due to buying pressure. Entered at 6.84 it kept going..it was going up so fast i knew it was about to halt...i got rid of 60% of my position when i saw it was about to halt at the 8.26 price. Locked in profit!! I had 40% of my position left so i lefted it at my entry price just in case it opened back up and drops HARD..Soon as it unhalts..I dropped ALL the way back down and got me out a 6.83. Perfect. Glad i locked in 60% before the halt!!! LOL
Grade : A++++
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-08-27 09:39:21 | SSNT | buy | $6.840 | long |
| 2019-08-27 09:39:45 | SSNT | sell | $8.260 | long |
| 2019-08-27 09:45:04 | SSNT | sell | $6.830 | 0 |
Comments
tradeking313
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Great trade. If you were not busy with OSN, you could have even done better on SSNT. Perhaps entering below 6. I was gone today. Missed on all of this fun.