Remember trading the breakout on WAVX back in Feb 19 but sold too quick and missed the run. The stock gave me a second chance to load up but again I missed the opportunity. However, I did some 20/20 hindsight on WAVX trading today(works everytime). This is what I saw. (See chart below)
Here is a spreadsheet of my week of Feb 16 trading ideas performance. The one on the left side are the percentage Gains/Losses from Feb 12 Closing price to the week highs and the one on the right side are the percentage Gains/Losses from Feb 12 closing price to Feb 19 closing price. Not a bad week!!
Back in town tomorrow! I got some serious picks for the week of FEB/15 (I will post them tomorrow or before Tuesday US market open.)These picks are going to be truly EPIC. So STAY TUNED!!
Betting against a huge spike with volume might not be the best idea. However, Shorting $AIG at the resistance and 50MA shown on chart seems like a low risk bet.