Swingtrade Strikes

INSPIRED BY: lx21

About a month ago, I wrote down a bunch of swingtrades I was going to short (not with real money obviously). This was just a test to see if my new swingtrading strategy would actually work.... and somehow it really is working. I do not have a broker currently that is good with short selling swingtrades so it isn't an option. I used other swingtraders picks and scanned for what they could possibly be looking for. After hours of research I put it to the test. Every position is short.

Started on 5/19 here are my current ones followed by the ones I am done with:

Shorting Swingtrades:

Ticker	Entry Price	Target	Closed	Comment
ICLD	3.16	Target- 52% drop in 6 months	CLOSED 2.77 6/8	simple swingtrade, basically what I expected. Covered early because of potential bounce.
MNGA	1.32	.80 cents in 3 months	CLOSED 1.30 6/8	While it did drop after I got out, I didn't think this stock had the same pattern set up as the other ones listed. Therefor I got out with a tiny gain.
MNKD	7.23	5.50 in 1 month	CLOSED 5.71 6/11	Basically got out quickly because I feared a bounce. Price target almost achieved.
THCZ	.224	.10 in 3 months	Still in this one, will wait until the price target finally hits, it may take another month.	None
ESI	5.54	4 in 3 months	CLOSED 4.12 6/3/15	Squeezing stock, got out while it dropped a ton!

Questions ask below!

Submitted June 16, 2015 at 01:22AM by Badbaseball http://ift.tt/1LeS1Fn