TODAY’S TRADE FCEL

Todays trade was on a very cheap stock, FCEL. This particular trade happened after the big price action move early in the trading session. I saw this stock around 10AM when it was already starting to loose momentum. I left the chart open to monitor FCEL for any new opportunities. My trade on this stock was with 10,000 shares. My entry price was around $0.415, and I sold my position with $190.36 in profit. Check out the trade below.

This trade went very quickly because I was trading with such a large position, so I chose to take profits pretty quick. My reason for entry is that I suspected a bounce off of the 9EMA right at the bottom of that red candle.

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