NVEC on 19/03/2004


Well-known member
454 4

Is there someone else who also noticed and/or traded NVEC today, 19/03/2004?

I Longed it at 15:13 pm EST, closed half at 15:23, and closed the remaining at 15:42.

I was initially unsure about the trade. By the time I had noted the surprising news about it, it had gone up so much that I was a bit worried about how far the momentum would go.

Then came the pullback and there seemed to be new buying pressure in Level II, so I decided to have a go. Glad I was right.

So, if you also noticed NVEC today but did not trade it, can you please tell me your reason not to do so? Were you put off by the worry about the continousness of the momentum?

If you also traded NVEC today, can you please tell me where did you enter and exit? Were you worried about the continuousness of the momentum? If so, what let you go into the trade despite such worry?

Thanks a lot indeed. :D


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