*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Recap: My team took profit and ran away with a 34% gain from BTCM just a few weeks ago. Price has dropped significantly since then and looks ready to pop.
My team entered Bitcoin Mining Company BTCM today at $.67 cent per share. Our first take profit is $1. We also have a stop loss set at $.615.
This company is a standout from other Bitcoin mining companies. It doesn't exactly trade the same as the others due to China relations, but with investors now eyeing investments overseas this could become a goldmine soon.
OUR ENTRY: $.67 FIRST TAKE PROFIT: $1 STOP LOSS: $.615
Entering again at $.68. automatic stop loss at .615. Our total gains trading BTCM recently totals 38.4%. We've gotten very comfortable trading this ticker.
Trade closed manually
We're being impatient. This thing could hit $.50-$.55 if we're being honest. Exiting at $.68
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