Tuesday, December 11, 2012

Trade of the day, SXC!!!

The below picture chart shows a 6-months daily candlestick chart of SXC. As you can see it had a nice support level at 14.25, so when it gaped down and tested those levels, I had to get in and catch the bounce.

I went long 500 shares at 14.46 and sold it at 14.90 for a very small gain of .44 point as you can see below

If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9.

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