SOS Trade on Jan 7, 2021 09:46 from yoosh: Tradervue User Stock Trades.

Gravatar

Shared by
yoosh

 

7:30am - $SOS - 70%- yesterday there was news on this stock that they had hired some dude to help with blockchain security. Again bitcoin and blockchain is a hot sector. 35M float. 100M market cap. It ran after hours, so not sure how much juice this will have left because it is running on hype and not much else. Keep an eye on this and take small profits if it gives a breakout. Next resistance is 4.75.

Breakout price: $4.05
Risk: $3.80
Goal: $4.45

This stock opened at 3, made its way to 4 and then just faded all day. I stuck to my exit. Dissapointed that it did not really run.

It only had rotated its float 0.3 times at the open, so that is something I need to keep in mind when looking for breakout charts. It is probably better to short these. I am not ready for that yet though.


Execution detail:

Date/time Symbol Side Price Position
2021-01-07 09:46:14 SOS buy $4.070 long
2021-01-07 09:48:55 SOS sell $3.780 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in