BCEL trade details

10-20% goal, note the fibonacci and catalyst

I bought 10,000 BCEL at $.333. This is from the chat room and RagingBull APP pre-alert I sent earlier. Fibonacci retracement play that’s been trading nicely on higher lows. Into Friday’s I like to have a few rest and retest plays on in case on or both of them spike big.

This is the daily chart. I used the intraday chart for entry at the opening range breakout 30-minute support.

What I’d like to see is 10-20% profit. Will add above $.30, stop loss below. Goal is a test of $.40 and breakout above, trim and trail the position if it works.

Journal will be in the dashboard today.

Not a member, subscribe here.

Jay

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