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kiy

06/01/18 12:04 PM

#304 RE: ashy2classy #303

I do that all the time, just know you're early...Like the DB volume capitulation...I want to be in at $11, or earlier...but I also know that often the volume capitulation low comes with a slightly lower low...its like you have a momentum low with big volume...a bounce and a retest of the low...then the re-building starts...
DB has a ton of negatives to work against...so won't be an easy trade.
Not wanting to miss the trade you take $11...stop here is easy and I'd follow the stop with a chance to get it below $10...
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kiy

06/01/18 12:14 PM

#305 RE: ashy2classy #303

GBTC...I also took the trade on GBTC...not real exciting...and may be waiting on more dollar weakness...some of the daily volatility is gone...which can be a good thing unless you're a volatility adrenaline junky.
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