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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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.

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