Friday, December 05, 2014 12:44:12 PM
Have $2.96 stop limit, and next buy trigger is $2.71 and $2.41.
I don't mind losing .05 cents (per share) on each entry
for a chance for reversal bounces which tends to be a lot more
than .05 cent moves.
At this point, I'm hoping to be kicked out at 2.96,
and then catch the 2.71s for eventual reversal back up to 3.50+
perhaps next week.
I prefer intraday trades, but I'm willing to hold to next week
if I can catch the 2.71s...
Or if my 3.01 bounces above 3.20 level, I will scale out.
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