Todays Day Trade : BPTH + $790

Massive low float Day Trade in the market today with BPTH making a huge push upwards. The stock started the day at around the $7 dollar area, and by the height of the day, around $14 dollars. Let’s look at my trade in depth!!

I bought this dip off of the Chart Study 9 EMA (Estimated Moving Average) early in the stocks trend with a 1000 share limit order. After that last red candle on the 5 min chart touched the 9 EMA and quickly moved back above the $8.50 area I bought in. After only two more 5 min candles I was able to sell my position in the profit for the day!

My Sell was in the range of that red circle on that big green candle in the image above. This stock created many opportunities to get in and out with massive profits almost all day. Every line drawn on the chart is at the Half and Whole dollar areas. If you would like to see my in depth thoughts on this stock’s chart and Technical Analysis check out the video (here).

Published by Eric Jobb

Hello everyone, my name is Eric and I am the founder of TheFreedomGrind. I love to trade stocks and futures, It's my passion, and I will never go back. I have taken time, money, and energy learning the market. There is no secret trick, no gimmick that will get you closer to being profitable. It will take time, money, and energy to make gains as a day trader. I created the blog and the YouTube channel to provide as much useful information about trading to anyone who has the desire to become a trader.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: