TOPS Trade on Sep 4, 2019 09:48 from tradeking313: Tradervue User Stock Trades.

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tradeking313

 

TOPS and OPGN were my only Picks premarket. Both had 5 criterias that I look for to enter a play. Good Range, Volume, News, Low Float, and was a previous runner. After getting out of my trade on OPGN...i quickly looked at TOPS. News was regarding earnings..total revenues increased by 51% to $29.8 million for the six months ended June 30, 2019 compared to $19.7 million for the same period in 2018. Also Net loss decreased by 91% to ($0.6) million for the six month ended June 30, 2019 compared to a net loss of ($6.6) million for the same period in 2018. Realizing it already moved while I was in OPGN earlier I saw a good entry of buying pressure at the 8.31 mark. It jumped me in at 8.40. I allowed the indicator to show me the way LOL. It ran to a high of 9.18...the next candle quickly pushed down so I sold 60% of my shares at 8.80 to take profit and allow the rest of my shares to move around. I saw selling pressure finally coming and I sold the rest at 8.64. Overall Good Trade. For the most part. I did the best I could on this play. The low float and range made this stock violiatile.

Grade: A-


Execution detail:

Date/time Symbol Side Price Position
2019-09-04 09:48:45 TOPS buy $8.400 long
2019-09-04 09:50:47 TOPS sell $8.800 long
2019-09-04 09:52:27 TOPS sell $8.640 0


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