Monday, March 15, 2010

Continuing My First Test: Just Sold It

I didn't expect results THIS quickly, but Enova (EVA) jumped up around $0.20/share today.

I checked the RSI and the Slow Stochastics, and they BOTH SAID SELL. So I did.

I bought these shares at $1.48/share and sold them at $1.65/share. That's a little over a 10% profit in less than two (2) business days.

I'm curious how much further it will climb. I usually wouldn't have sold it so quickly.

My guess: It will drop a little but not enough to trigger another "buy" signal. However, I think it will keep rising after that quick drop.

I'll keep you posted.

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