Friday, May 6, 2016

05/06/16 trade status $LXU, $FIT, $ENDP

Make some trade today on $LXU $FIT $ENDP
$ENDP good setup play but set stoploss too tight and it took me out. This ticker had potential move to the upside since it's down over 40% today.

$FIT I make a big mistake on this one today. As you can see the chart below show multiple bottom support at $12.97ish.

I shorted at $13.00, that is the bottom short. Somehow I decided to hold this short and didn't cover until $13.50 and decided to flip long. This is one of the most stubborn short today.

$LXU short when $9.50 fail base on the previous day drop and this morning push to $9.50 and fail. I cover at $9.34 because it didn't give me the quick panic as I expected then I also saw it holding $9.17ish and gearing upward.

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