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.
$**.** bought into this stock @ .16354 ****** Shares
Support Levels: .159
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