Rex Intl continued it's run today as of now but earlier in the morning, it gap down first at 0.083 before slowing climbing back. The stock looks weak at first but suddenly turned strong. It could be a flush or it could be selling but since it recovered back, the sell down could be a flush. Longed 200 lots at 0.08 last Friday and sold at near peak of 0.088 today, my student was able to make $1600 within 1 Contra day which is very good considering the stock was strong.
Rex Intl moved, the stock from 0 went up to the Top 5 in the Top Volume but more importantly, there were willing buyers to support the up move and support the stock earlier. Unloaded with profits and looking for the next trade. Congrats!
Ronald K - Market Psychologist - A Stock Market Opportunist
