Big Wave Trading video lesson for Tuesday’s stock market session.
We have a pretty high quality speculative long position this evening. The stock was triggered in the max-green BOP for 5 days scan and was subsequently confirmed in two other scans including my Price/Volume/BOP scan. I am going to treat this stock like a CANSLIM quality stock since we only risk 2.5% max on this position if we are wrong.
New Speculative Long Position: KRNY (2.5%)
KRNY – Final cut loss/sell stop levels: 10.84 and 10.72.
Speculative Sells:
50%: PCOM – Selling another piece of this position with the stock failing Friday’s LOD, locking in more tiny profits.
