Great day of trading today. Today was a focused, calm day-trading day today. I am starting to notice that I call out names in the chatroom that I believe will probably break-out, or that I say has a great chart and is one to watch. FTFT was one of them this morning.
FTFT was curling up and testing daily resistance levels on the daily chart and broke out above $3.00 above resistance pre-market. The tech stocks have been making moves lately, so this was one to watch. I watched this stock for a gap and go trade at around the $3.50 level.
I did not wish to overstay my welcome in this choppy market, so I took profits when I had them and got out for a nice $119.31 scalp. The stock ended up moving about 60 cents higher, but I'll take when I can get.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-02-16 09:30:06 | FTFT | buy | $3.517 | long |
2018-02-16 09:30:10 | FTFT | sell | $3.550 | long |
2018-02-16 09:30:13 | FTFT | sell | $3.600 | long |
2018-02-16 09:30:44 | FTFT | sell | $3.640 | 0 |
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