Shared by
Forfreedom
2.26.19
Picked up FTNW on scanner for Morning Gappers - Low float. Caught entry where prices were settling around 2.75 - 2.90.
It's worth noting the entry size was 50 rather than the normal 100, because although ranges were tight between 2.80 - 2.99, I wanted to allow room for a small dip to add to my size bringing my position lower than my entry. This gave room to add a significant portion once the price spiked back to the upper 2.90s where 150+ shares were added for a break over 3.00.
Success! Profit taking started at 3.09 all the way up to 3.25.
Great job! In and out in minutes!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-02-26 10:25:00 | FTNW | buy | $2.940 | long |
| 2019-02-26 10:33:00 | FTNW | buy | $2.900 | long |
| 2019-02-26 10:36:00 | FTNW | buy | $3.010 | long |
| 2019-02-26 10:36:00 | FTNW | buy | $2.960 | long |
| 2019-02-26 10:37:00 | FTNW | sell | $3.090 | long |
| 2019-02-26 10:38:00 | FTNW | sell | $3.100 | long |
| 2019-02-26 10:40:00 | FTNW | sell | $3.240 | long |
| 2019-02-26 10:40:00 | FTNW | sell | $3.190 | long |
| 2019-02-26 10:41:00 | FTNW | sell | $3.180 | long |
| 2019-02-26 10:42:00 | FTNW | sell | $3.290 | long |
| 2019-02-26 10:43:00 | FTNW | sell | $3.200 | 0 |
Comments
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Nice!!!