Big Wave Trading video lesson for Tuesday’s stock market session.
GENE is a very speculative new long position tonight. The company still has not reported earnings and I have no clue when they are supposed to. This is an extremely low risk entry point for GENE as long as it does not gap lower. The stock is very liquid so we will not get much slippage from our entry price to our sell stop if the stock does not move higher immediately.
New Speculative Long Position: GENE (1%)
GENE – Final sell stop levels: 4.24.
