MOJO Swing Trade Newsletter - 12/16 EVI

MOJO Swing Trade Newsletter - 12/16 EVI - Important Update#2

Published: Mon, 12/16/13

Monday December 16, 2013

Hi MOJO Swing Traders,

Now that was really good timing and ballsy to bump this with 10K shares at $2.80 -.85 - look at me now at $3.10 and climbing. We can trade around the second buy - taking profits and buying back those shares all the way back to $3.50. So go ahead and lock in some $$$$ at $3.05 - $3.10 and we see what it does from there. Selling 5K of the last 10K bought. See Image.

ADDING TO EVI=

EnviroStar (EVI) - MOJO cannot believe this has not found bottom - this is so oversold and from looking at level 2 I can tell these are stops here. So I am doing what called a BUMP TRADE. Which we have done successfully before. Model has 9,000 shares at $3.97 - Model will add 10,000 more here $2.80 -.85 - we looking for a move back over $3.00 - this could get us close to a breakeven if we score on this 10,000 shares and lose on the 9,000 higher. See what happens - market is a risk - willing to take a shot here with this one.

Thanks for watching, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
website: http://www.mojodaytrading.com

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