Posts by: buxED

$IZEA Guillotines Short Sellers

The strategy for this trade was to use a level just above the premarket resistance as my risk: $2.60, and to get a nearby entry with a target just below $2.00 to close the position. IZEA is a low float…

$MYOS Pushes Up With Sympathy

The trade I was looking for was a short sell against breakdown resistance. This type of trade typically has the characteristic that your resistance level is approached, breached with some consolidation and then respected, never to see it again afterward.

$MDGS Runs To +100%

Since there was no gap and there was just fluid price action, I identified the short term resistance spots and found my risk level at $2.40. I planned to use this level as my risk and to get an entry…