Today was fun! The old market is back! And by old market, I mean the market from Oct-Dec last year. Stocks are starting to move all day and trading is getting fun again. With Gary Cohn resigning as Trump's chief economic advisor, I really thought the market was going to crash today. Shows what I know. Lots of opportunity in the markets today. I missed a trade early in the day because I was focused on getting rid of my last Bitcoin related position in MARA. But there were lots of things moving and lots of opportunities to make money.
Todays activity ....
ATOS - 1000 shares at .715 for a swing trade. Golden Cross on the daily chart. .68 has been holding as support so my stop loss is at .675. Closed at .70, It's had a really hard time at .74. It need to get through that to get going.
PIXY - 400 Shares at 3.56. Blockchain news. holding VWAP through lunch. Sold 200 at 3.77 and the rest at 3.92 for $115 in profit. This ended up going to $4.15 in power hour and almost $4.50 after hours.
EKSO - I bought 1000 Shares at $1.52 a few weeks ago. I've traded this company before. It's a cool company, they make an exoskeleton like an Iron Man suit (well kinda) the stock was beaten down pretty good so I took a stab at what looked like the bottom to me. It's up to $1.79 today. Still holding. I think it has much more potential. I'll move my stop up to around $1.70 to guarantee profits.
CHFS - I have 500 shares I bought at $3.90 as a day trade a long time ago. It's one of those I held. We;; it's back up to $3.50 and releases earnings tomorrow morning. Could go either way. Its a low float with a big short position so If they beat earnings it could be huge. If they miss. I'm getting out as fast as possible. I'll be watching for the earnings release in the AM.
MARA - The last of the Bitcoin related stocks I was holding. Who knows why I held it. Finally ditched it for a Total loss of $467! This is why I say DO NOT HOLD. Horrible. Had I stuck to my rule of only losing a max of $100 I'd be $367 richer right now. Dumb ass.
So a Good Day today overall. I cut my losses with MARA which ended up being a good thing as it continued downward. and Bitcoin is under 10k again. Entered a swing on ATOS, had a nice day trade in PIXY, my EKSO swing is paying off, and I have CHFS to look forward to tomorrow.
