Big Wave Trading video lesson for Wednesday’s stock market session.

New Speculative Long Positions: ATRC CHRS CTRV (1%)

ATRC – Final cut loss/sell stop levels: 24.08 and 23.71.

atrc2

atrc

CHRS – Final cut loss/sell stop levels: 27.36 and 26.15.

chrs

chrs2

CTRV – Final cut loss/sell stop levels: 4.48 and 4.36.

ctrv2

ctrv

Speculative Sells:

50%: IVC – Closing below its first key support level, locking in very tiny gains

100%: MCGC – Fail, closing below the 50 DMA on heavy volume before producing any gains, cutting losses.