Tuesday 29 October 2019

Alphabet A - Profited From Short Selling






Shorted Alphabet A yesterday and today the stock tanked because of bad earnings. My trader also shorted but wit h 5 shares and also made some decent hundreds of dollars. The key was how I predicted the earnings to be bad was the clue. It was the gap up that consistently happened at the supply zone which gave me confidence to short it.



I studied Alphabet A chart over the weekend. Did some analytics before daring to take a short. The supply zone was obvious but to read the fine lines between supply/demand was the key. Looking forward to trade another counter like this.

Ron K - A Game Changer