ilmscore | Prediction Details
"then I took a trade on LEDs LEDs I took this trade um it didn't have news but it was a continuation setup and what's interesting about this is that all of a sudden it starts to pull away so I got in for the break of two it goes up to 2115 and then suddenly it slams down a big sell order goes through and the limit was a183 so what happened was someone sold probably 30 40,000 shares with a Aver with a limit order of a183 so what happened is it swept the price all the way down to $183 and then the remaining 20,000 shares was on the ask at 183 so what I ended up doing was averaging down on that trade at 183 it popped back up to two and I got out still for a loss of $572 not a great trade I don't like averaging down but in this case there wasn't a catalyst that resulted in the 30 Cent drop so I thought it was sort of likely someone who was holding probably from yesterday unloading their position and unless they had more shares to sell it would probably pop back up once they had sold and that is what happened"
By Ross Cameron - Warrior Trading | November 12, 2024 | Pending
From video
Big Momentum with $FOXO +774% and $BTCT +350% 00:16:25 - 00:17:32
Interpreted Prediction
A trade on LEDs, initiated as a continuation setup, resulted in a loss of $572 after averaging down, as a large sell order caused a significant price drop without a clear catalyst, suggesting potential unloading of a prior position.

Prediction Details

Ticker
LEDs
Initial Price
1.4 USD

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.