Buying Swing: buying for a swing MDBX stock at 36.58 oversi

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: buying for a swing MDBX stock at 36.58 oversi

Post by MMASSASSIN »

Buying Swing: buying for a swing MDBX stock at 36.58 oversized witch is 5 times the money allocation of options. This is higher risk since its an OTC stock mental stop 32.50. This is a Marijuana stock and supposedly the biggest game in Colorado where it got legalized recently. There is no real fundamental analysis on this stock since it is an OTC so be careful. The stock has moved from 93.50 to these levels in a matter of a week, this is just very volatile bounce swing play.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
Top

Return to “Swing for the Fences”