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Did anybody swing with CBIO? Topic Rating:
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traderlady
Posted : Tuesday, March 28, 2017 1:18:12 PM
Platinum Customer Platinum Customer

Joined: 10/7/2004
Posts: 925
I just completed my Swing Strategy, and have two stocks that triggered buys (going long)Thursday, March 23rd both before the end of the day.
 
Because of volume, I would only be interested in CBIO.  If bought at the EOD on Friday, it would have returned 201.54 percent as of 10:09 AM PST today.  
 
Have a good day examining CBIO that could have been bought at $5.20 at Friday's Close and as of now is $15.94.
 
Its' High today was $18.88.
 
 
traderlady
Posted : Tuesday, March 28, 2017 1:20:53 PM
Platinum Customer Platinum Customer

Joined: 10/7/2004
Posts: 925
Excuse a couple mistakes in my previous post.
 
I just completed my Swing Strategy, and have two stocks that triggered buys (going long) Thursday, March 23rd both before the end of the day.
 
Because of volume, I would only be interested in CBIO.  If bought at the EOD on Thursday, it would have returned 201.54 percent as of 10:09 AM PST today.  
 
Have a good day examining CBIO that could have been bought at $5.20 at Thursday or Friday's Close and as of now is $15.94.
 
Its' High today was $18.88.

 

traderc
Posted : Thursday, March 30, 2017 6:29:39 AM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 65

Traderlady, what was your strategy to identify these stock candidates may I ask?

traderlady
Posted : Wednesday, April 05, 2017 2:56:36 PM
Platinum Customer Platinum Customer

Joined: 10/7/2004
Posts: 925

Most of my Easy Scans include several more criteria, but I believe I found this one with just three criteria:

AvgV126.1

% Change Since Open > 0,

Price>5.00

As columns, I use both Ask Size and Bid Size as well as using the maximum amount I will risk on any one day trade divided by Close.

CBIO was trading in the $5.00 range in previous days and opened on March 28th at $5.15.

In the case of CBIO, although the percent gain was amazing, the Bid Size turned out to be too low for me to take a significant position -- and thus to make a significant dollar profit on this trade.

I hope this helps a bit.

traderlady

 

 

 

traderc
Posted : Tuesday, May 16, 2017 8:12:02 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 65

Thank you very much appreciate the explaination

rctrade

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