buxED

Posts by: buxED

$ABIL Gaps Huge Halts

The strategy for trading ABIL was to work off of the premarket high as a risk level and take a short position with any approach. Since the market already moved down lower towards the open it seemed unlikely there was…

$WMLP Gaps Huge Halts

The premarket chart showed that it was possible the high was already in and the stock had already started to fade into oblivion. But given the recent pumps that have had weird price action, my strategy was to trade against…

$RXII Pumps And Dumps

The strategy was to watch the morning spike and see how the stock reacted afterward. Primarily to see if there would be a retest that I could start a position in. My thesis was that the first run of the…

$NAKD Holds Well Enough

Since there were no nearby resistance levels of note, I decided against trading the front side of the move and instead waited until after the morning push to consider an entry. My plan was to short against that high of…