Friday, August 24, 2018

8/24_AMD, CGC, EXAS, FFHL, GERN, SSC





















Shitty action today but I did the best I could possibly.
the main frustration play is GERN and EXAS.
GERN-choppy channelling action with big bids and offers constantly refreshing. The only way to trade it is treat it as scalp and capture 30cents. I had big picture idea so I overhold and got burned.
EXAS-tried it twice and stopped out good. this belongs to do-not-trade list.
SSC-nailed the long and saw heavy sellers and bluffing bids so flipped to the short side but they walked it up. No  reason to short it  late day...paid the price.
AMD-unreal strength. thank God I stopped out.
CGC-another day full of strength. $42 to nearly $46!!!! After so many days passed and it already went up a lot I just couldn't chase it. Great I nailed the short side EOD but key lvl couldn't breakdown which stopped me out the rest.
starting next week will focus small cap again in the morning, if no action no trade then. Better miss than losing $$$. Pot stock ideally short them on Tuesday!!! In the meantime moonshot please!!!

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