I have a short order waiting at the 6.00 level at 5.90. My target will be 5.51, half way to the real 5.00 support. on account of how the stock is not "too" extended.
AMTX has a float of 34.44M shares, a 19.10% short float which is concerning, a market cap of 223.37M, and a net income of -115.90M
The stock is up 225% since the early May lows.
The stock appears to...
I put an order our premarket to go short CRVS at the 3.50 level at 3.45. With a target half way back to the 3.00 level at 3.21. The reason I made my target half way to the 3.00 support is not entirely clear to me. Something about how the stock is not very extended, and how volume has been low. it felt a bit like it has been consolidating. And I didn't want to push...
Premarket I put an order to go short at 1.90 at the 2.00 level, with a target of 1.61 anticipating the 1.50 support bouncing. My sell order got filled around 1:15pm.
QBTS Has a float of 79.38M, A low short float, a market cap of 222.12M, and a net income of -64.50M.
The stock has gone up 382% since its May lows
I see no news on May 22nd to justify the move.
On...
Friday I covered the last portion of my short position a little ahead of my target of 3.51 at 3.73. Why did I do this? I think something I heard a successful trader say about exiting positions into strength affected my thinking, causing me to close out before target was hit.
Friday I put my sell order out premarket and entered Short my 3rd tier of size at 7.90 at the $8 resistance, and covered it at 7.10 at the $7.00 support. I still have the first two tiers on.
