Showing posts with label BCRX. Show all posts
Showing posts with label BCRX. Show all posts

Friday, November 9, 2012

Trade of the day, BCRX!!!

Went long again today 1500 shares BCRX @ 1.35 after getting stopped-out yesterday on it at 1.37. It had a decent close yesterday, so when I saw the selling fear in the morning again today I thought it was way overdone. Sold/Exited at 1.57 when it formed a inverted hammer reversal candlestick signal with a higher volume bar on it. I knew I had to get out on the next 5-minute bar. I should have bought more shares, but didn't like the way the markets have been selling-off the last 2 days. Gained .22 point on this trade.
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 twitter @tradermike9.