Trade review on LEI.  Good trade. This was a swing/momotrade.  1st we add as a swing trade on support right on the 20dma.  When you have a momo stock you have to realize the traders at some point will chase the breakout.  But to anticipate it with a swing and get in early while yoru risk is small with a stop under support.  then double up on the breakout.  that way you have a great avg and you get to participate in the breakout but you also have your swing shares.

our first buy was at 3.35 then we added more on break 3.5s.  was selling selling shares all the way up as i had a 2.5x positon.

http://www.screenr.com/eio

Share:

Facebook
Twitter
Pinterest
LinkedIn

Stock & Option Software used by Bulls on Wallstreet

Social Media

Related Posts

Stop Guessing.
Start Trading.

Secured Checkout Providers

Don’t Miss Out

Pre-Market Live-stream

Tuesday’s and Thursday’s at
9:00 AM EST.

Connect With Us…