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Author Topic: Sharing FARE notes
jkendt
Noob
Posts: 11
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Post Sharing FARE notes
on: December 26, 2012, 20:55
Quote

You always want to have a game plan when trading stocks. It allows you to leave emotion out along with knowing a great deal about the stock and levels to watch instead of trying to find this while you are in the stock and it is moving up or down. Since I took FARE for a gap play which I am planning on using as a swing entry I took a bunch of notes on things that I noticed about FARE. Here are what my notes look like for while I am watching this stock play out tomorrow.

Image

$FARE plan:

$**.** bought into this stock @ .16354 ****** Shares

Support Levels: .159
.155

Stop Loss: .15

Any gap 8% or higher sell
- Buy pull back with this % gap up

Want to see 1+million in 1st 5 minutes
If it dips you want to see it on low volume 500k shares and less

Resistance: .164
.166
.19
jkendt
Noob
Posts: 11
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Post Re: Sharing FARE nots
on: December 26, 2012, 20:58
Quote

What would like to see atleast for gap over: .166
.164

Notes: Closed above promo high
20+ mill volume on daily today and want to see around that during future days

Hope these notes were helpful and gave you an idea of what you can do to make yourself more comfortable in a trade!
CAMARO24
Noob
Posts: 7
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Post Re: Sharing FARE notes
on: December 27, 2012, 00:03
Quote

nice walk through and details
thanks man...and good luck!

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