I'm 3 for 3 on Us Steel Corp (X). I took a low risk entry on this morning's gap up. I sold into strength at $64.00. This afternoon, I will be watching it for a potential low risk entry on a pullback.
I tried to short AKAM at $51.50 shortly after the open but there were no shares available to short through my broker (IB). The first test of the pre-market low at $50.50 held as support. Since I can't short, I'm looking for a low risk long and a potential short squeeze.
P.S. It's nice to be trading from home for a change.
2 comments:
Hi Jamie,
Which are the fib extension levels that u commonly use?
Thanks & good trade!
The WHY-Trader
Hi WHY,
I follow Trader-X's methodology when it comes to Fib. - 50, 100, 150.
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