Posted On: 03/18/2014 8:39:58 AM
Post# of 2561
RNA Daily Chart ~ Big Move Pre Market to as High as $9.10
I just sold my position, pre market, at $8.81 and 8.82, from entries in the 5.00s and low 6.00s (link back) from Jan and Feb. That represents an average gain of 42%. I might have sold early, but you know my thoughts of when any stock gaps up pre market and is trading way outside the upper bollie. The upper bollie closed at 6.99 at yesterday's close. So with the stock trading as high as 9.10 this morning, it was time to sell for me. A similar situation occurred last week in LJPC, where I sold in the low 18.00s from a previous close in the low 10.00s. Since then, LJPC has fallen to as low as 12.65, just one week after we sold. Congrats to all who swing traded RNA. A few of you did better than I did because you actually traded a couple of times within the rising support line and the horizontal resistance. I'll post a chart later today reflecting the gap opening. GLTA
I just sold my position, pre market, at $8.81 and 8.82, from entries in the 5.00s and low 6.00s (link back) from Jan and Feb. That represents an average gain of 42%. I might have sold early, but you know my thoughts of when any stock gaps up pre market and is trading way outside the upper bollie. The upper bollie closed at 6.99 at yesterday's close. So with the stock trading as high as 9.10 this morning, it was time to sell for me. A similar situation occurred last week in LJPC, where I sold in the low 18.00s from a previous close in the low 10.00s. Since then, LJPC has fallen to as low as 12.65, just one week after we sold. Congrats to all who swing traded RNA. A few of you did better than I did because you actually traded a couple of times within the rising support line and the horizontal resistance. I'll post a chart later today reflecting the gap opening. GLTA
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