Thursday, August 18, 2016

SATS - $3000 in A Few Hours, Gap Down

Nothing to say about this trade except it was exceptional good! Why? Because SATS was shorted at 4.51pm yesterday and the stock tanked and gap down today! The thing was how did I know it was going to gap down today before it happened yesterday? Look in the chart, there was many profit taking and distribution, hence, without hesitation, a conclusion was made that it was bearish a short sell was executed. $3000 in a few hours is considered a few good job. :)

Ronald K - Market Psychologist - A Stock Market Opportunist