YusufS
Long

ICLD Revenue Hype play

NASDAQ:ICLD   INTERCLOUD SYS INC
Former runner after the CEO             announced that this year will be a good year of revenue and reform. He also mentioned, how ICLD             has reduced debt into the close of 2015. The CEO             here is hyping the shareholders after this junk stock has been crushed quarter after quarter. This can spike again and there is dip buying volume as i point out. TradingView doesn't receive small cap stock quotes so the chart is choppy, use your brokerage platform.

Long at .70 with about a 2 cent mental stop loss. Now my target here is aimed for .84 cents which is where all the shorts were entered, so I'm assuming either one of two things will happen. Either we lose against the resistance in the mid .80s or we overcome it and we see a short squeeze to the next exit: 1.00. Swing trading this for hopefully at most two-3 days. Not going in with a large position because im trying to capture a volatile and large range move. Good risk reward and good profit opportunity here.

Related Ideas

YusufS
INVT Contract Win
YusufS about INVT 10 months ago
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out