Wednesday 8 May 2019

Micron - Tumbled with Fear





Shorted Micron at not a very good price but still the market is overall very weak because of the trade war and hence tonight, Micron pre open was $39.88 and profits should be seen. Shorted 2000 shares at 41.45 and tonight should be a $2 gain where I should see $4000 USD profits. I studied the 5 minute chart for Micron and all signs pointed towards unloading and profit taking. The buyers were weak and retreating and hence I believed the wise decision was to short. The entry may not be beautiful but it did not trigger the cut loss and today is a good day to enjoy profits. So far so good to most of the stocks I gave and traded. Moving to the next.

Ronald K - A Game Changer