Today I bring an example of intraday trading, on a penny stock, which took place on Friday.
This is the company Seelos Therapeutics (SEEL) which has been in the spotlight (as you can see from the incredible increase in volume) due to a news story. The question of why is uninteresting, much more so is having the ability to discover this type of opportunity and seize it.
I entered 3.77 following the 5-minute intraday chart, and then sold half of the shares at 5.13, just hours later, making a profit of 36%.
Unfortunately, my target of $ 6 was only close, otherwise it would have been almost 60%.
I will not dwell on technical analysis, the chart has nothing to say except that of volumes, it is about trading on news.
Soon in the private discord group, you will have the opportunity to interact with me and to follow my daily operations in real time.
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As usual, I leave the operating screen.
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DISCLAIMER: I am not a financial advisor nor a CPA. These post,videos and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.