Shared by
ckz8780
A couple attempts at early entry for the inevitable run in this stupid stock ... lol - I'm holding this as a swing from $5.60 and it keeps tapping this $7.20 area trying to go on another run but there is some heavy resistance there for some reason. I took a loss on the first trade but the second turned out nice. I just couldn't justify holding it when I was up $1k on the day and knew how heavy that $7.25 area was. After it flagged at $7.20 it should have just blasted right through $7.25 so I knew it wouldn't go today. It will most likely gap up and run like crazy tomorrow. First stop was at $7, but cut it early. 2nd was at $7.05.
1000/2000 shares
+$90.55 (-0.41%, +0.84%)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-09-26 12:28:18 | BCRX | buy | $7.140 | long |
| 2013-09-26 13:15:37 | BCRX | sell | $7.110 | 0 |
| 2013-09-26 13:58:30 | BCRX | buy | $7.150 | long |
| 2013-09-26 14:18:51 | BCRX | sell | $7.210 | long |
| 2013-09-26 14:18:51 | BCRX | sell | $7.210 | long |
| 2013-09-26 14:18:51 | BCRX | sell | $7.210 | long |
| 2013-09-26 14:18:51 | BCRX | sell | $7.210 | long |
| 2013-09-26 14:18:52 | BCRX | sell | $7.210 | 0 |
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Daily looks ripe to rip.