Lightspeed Commerce Inc T.LSPD

What a crazy, totally ridiculous LSPD chart pattern open ...

[MyHugeErection]

First it was up in the green, then back down in the red and then bounced back up all the way into the green again.  Way, way too volatile for my liking or to trade off.  Even if you did jump in after it consolidated and it started moving up, you wouldn't have made very much on it because it didn't take very long before it peaked and started crashing back down again.

So I moved on elsewhere to more stable, greener pastures ... with a much better, more reliable stock trading pattern.  I traded WFG on another, really strong text book, chart trading pattern.  Got in with 840 shares after it's steep pullback/drop at 10 am and got out 58 minutes later at 10:58.  Cashed in an easy $739.20 on the trade.

Then with all of the markets still riding high and well into the green, another good opportunity arose.  After a very healthy NTR drop and  bottoming out about mid morning, it was only gonna go in one direction on a green day with all of the markets still up ... and that was UP.  So I jumped in with 770 shares at 11:03 am and rode it upwards for 25 minutes to it's peak.  Then cashed out with $880.80 in profits. 

All of the markets then started to drop slowly, so luckily my timing was perfect.  What a really sweet, simply awesome trading day!  Two trades of two different stocks in the am on the same day!  Total take for the day $1,540.00. 

Way better than buying and holding.  And again, definitely much better than working a day job.  GLTA.     

[masfortuna]

Yes that sounds great nate.  In my case all my oil stocks were up.  Ath had a 9% jump today of  .19 cents.  Started my position 1 1/2 years ago at .29 cents. It's at $2.59 today.  That's almost 900%...And it has been stuck for the last 3 months. Whatever works for you man .

[MyHugeErection]

masfortuna.  Some of my portfolio is also in oil, notably 23,400 in BTE and 8,700 in CPG.  Everyone's oil stocks were up today, hahahaaa.  It's just that LSPD is the perfect stock for short term (swing and day) trading because of it's super low price, high volume and simply incredible volatility. It's just too good an opportunity to pass up on.  Then again, I

[masfortuna]

Agreed.  As I said, if you can do it go for it. I tend to look at fundamentals and by based on those.  LSPD will be growing  exponentially over the next few years and although growth is out of favour, buying at a reasonably low evaluation will bring rewards. Mch like oil is. And I also own BTE and cpg.

[BiggyG]

We have reached the todays 3rd and last resistance level 30.93. No predictions, however this is a tipping point, if she breaks thru then its game on for traders, if she resists then I will wait for it to pull back again. GLTA