traderinsight

Pivot reversal in CATM turns a low dollar play into a $2 winner.

Short
NASDAQ:CATM   None
CATM was a low-dollar Fast Ball Expansion-of-range-and-volume setup on the proprietary scanner at TraderInsight.com. The plan was to capture .40 in a quick move below the Thursday low. But an early move through the central pivot, followed by a fib retracement and collapse to 17.40 generated a $2 winner in this sub-$20 stock.

See the logic behind the trade at:
http://traderinsight.com/COD/CATM.png

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