FRAN SHORT CLOSED!! +$300

FRAN INTRADAY CHART

Ok traders, my last post was about my entry into a short position on FRAN. This trade worked out really well and was a very easy trade to predict. As I stated in the previous article, this was a low float stock that soared from the $5 dollar area almost into the $20 dollar area. Stocks like this dont typically hold their irrational price range so I decided to enter short. I was able to close this position before market close on Friday. As seen from the chart, we dropped from $15 dollar area (my entry was $15.23), all the way to under $11 dollars. I closed the 100 share short position at 12 dollar area and walked away with an easy $320 dollar profit.

Make sure you follow us here on thefreedomgrind.blog and our YouTube channel so you can see when we enter into trades.

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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