Here's a quick day trade that I put on this morning. I went long MASI about 10 minutes after the market open. This turned out to be a decent little trade, although I left some on the table...my initial profit target was $29 but I booked profits at $28.20. I need to work on letting profits run a little more. Overall, I'll give myself a B for this trade. Here's the chart with my entry and exit:
Like I said yesterday, I'm only taking day trades right now until the market gives a better indication of which way is the path of least resistance. The market will need to hit some fresh highs or lows in order to give that indication.
Have a great Thursday!
TLT
Like I said yesterday, I'm only taking day trades right now until the market gives a better indication of which way is the path of least resistance. The market will need to hit some fresh highs or lows in order to give that indication.
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