AAX has been trading in a range for some time.
The low being .11
The high being .16~
This is a good "penny flip" for me. I watch it and constantly try to get in at .11-.1150 and get out at .12-.13
Really strong support by bid size on .1125.
I dont think its going down below .11
Good news came out today, its already at .13 post market.
It will likely move soon.
.11 to .12 will likely be good entry
stop loss .10 or below
This is a RISKY trade, penny flipping is risky because of the volume by which you buy. Be careful and never throw all your eggs in one basket.
I am never willing to have more than a grand or two in this one at a time.
Just my idea.... Trade at your own risk.
If it opens at .13 or higher, may be too late.
The low being .11
The high being .16~
This is a good "penny flip" for me. I watch it and constantly try to get in at .11-.1150 and get out at .12-.13
Really strong support by bid size on .1125.
I dont think its going down below .11
Good news came out today, its already at .13 post market.
It will likely move soon.
.11 to .12 will likely be good entry
stop loss .10 or below
This is a RISKY trade, penny flipping is risky because of the volume by which you buy. Be careful and never throw all your eggs in one basket.
I am never willing to have more than a grand or two in this one at a time.
Just my idea.... Trade at your own risk.
If it opens at .13 or higher, may be too late.