$SPY gapped up instead of gapping down like it has been recently. We could be back to uptrending and in which case shorting $TVIX is the only trade possible. It’ll be weeks before we can really say if the market is back on track and on an uptrend.
$10.00 was the breakout level and it held pretty well yesterday.
Broke out yesterday but was a slow grind. Small crash down to $8.00 (currently VWAP) which may hold again. No recent news. 5c tick.
Went parabolic midday then retraced the whole move. Ever since that huge spike months ago it’s been in a downtrend. Possible short if it can get close to $1.72 again.
- TransEnterix Announces FDA 510(k) Submission for Senhance Indication Expansion to More than Double Addressable Market in the U.S. and Provides Commercial Update
Some resistance at $2.75 and probably $3.00.
Did not hold any of its gains yesterday. I’ll watch for a huge panic like usual.
Finally got executed on an OTC and it was the previous one I traded too. I got filled exactly at the bottom. I sold it a little too soon but it didn’t go up that much. I almost bought it again on the second big panic but it didn’t quite get down to the level I wanted (0.615 or 0.61). I traded with really small size so I can easily risk a 5c loss on it if I’m wrong.
I am not a registered financial adviser/broker/anything. Use this information for entertainment/informational purposes only. Any tickers mentioned are not recommendations to buy/sell/or sell short. They are used as examples only.