Wednesday, June 14, 2017

6/14_CCCR, MTBC, GTXI, MBOT, ABIL

shitty action today and contrary to what I expected. Yesterday low float started to heat up and I thought momo would be carried over to today and that makes me initially long MTBC and took a small hit.
















but no biggie and as soon as I saw giant candle stuff and slam I started shorting it risking vwap but again got caught on the squeeze and it traveled further than my plan so I covered all and yes that was a loss but that was a good trade. then it breaks out and stuff again and faded and never look back. Choppy one and just fuck people around.
















CCCR is choppy one again. Due to massive consecutive volume and $3 breakout and seemingly continuation I longed it but heck it stuffed again just like last 3 times.... Shitty action. AVOID!!!


















MBOT is the only profitable one today. High quality setup but I used same size as others and didn't make enough profit on it.
















no offering news again today and $5 approaching got me think maybe it's going to slowly sneak up on low volume as it continues to trap shorts and maybe have a chance to test high earlier. But volume wasn't there and shitty action so fuck it imma out.
















not my ideal type of setup and overextended daily and seemed top heavy so I shorted today into weakness. Normally I wouldn't take this trade but just lacked of action today so it could be called boredem trade. Didn't workout just lack of liquidity. no waiting game!

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