Tuesday, January 22, 2013

Trade of the day, ONVO!!!

Lost about $120 going long again this morning on UVXY, but made $850 when I caught the continuation rally with ONVO. Went long 1000 shares at 4.95 and sold it at 5.80 for a .85 point gain. This (ONVO) trade was a very high probable play for more upside movement today, by just analyzing the increasing daily volume it had the previous trading days, I knew it had some more upside potential.
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. Thanks!

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