found this passage and I thought to post here for the newbie + less experiences traders don't forget as well that there could be a failure as a drug with a vertical drop and easy to get stuck but difficult to get out JMO do your own DD
forgot to put back this one on watch list after the drop under the $10 WPX Energy, Inc. (WPX) 10.07+0.40 (+4.14%) At close: June 9 4:01PM EDT Day's Range 9.58 - 10.19 52 Week Range 8.23 - 16.17 Volume 10,521,173 Avg. Volume 7,525,535 after the bell and a low 9.58 climbed well to close above $10.... Resist 11.59 - 12.84 Sup. 9.58 either it continue toward teh 11 or testing again the sup ..... I haven't watched so I don't know how it behave need more DD but Pivot P 9.95 R1 10.31--10.56--10.97 or S1 9.70 -- 9.34 -- 9.09 will tell us which direction it takes then of course news on energy or positive will give a punch.... do your own DD (last year around Feb to April it give me many $$$$ )
buon giorno I am an early riser ... I always get up around 5AM .. best part of the day (wife kick me out!!!)
so far so so.... IMMU + 12 SPWR +11 my 2 best STNG +4 EGLT 2.60 still holding but no volume .... read it wrongly just sold it 2.60 lost com $10
so far not very please with my scalps ... so I give up for a while ... going to have a swim maybe it refresh my mind
I went to see a bit my friends in chat ... scalped FOLD +14 many move on low volume .... too slow to scalp but good day trades... NK SSRI and so on....
here is why GTXI is moving today GTx Announces Positive Preliminary Results from Ongoing Phase 2 Proof-of-Concept Clinical Trial in Women with Stress Urinary Incontinence https://finance.yahoo.com/news/gtx-announces-positive-preliminary-results-110000656.html
So more down? It has been a long time since there was any real correction in tech, maybe this is the one!?
