timothysykes

$525 profit CIDM Long Stock

Entry comments: Buying the breakout on the day high of this GNUS sympathy play, goal is to make 10-20% into long holiday weekend

Exit comments: Zzzzz nothing much here and now GNUS is fading, not gonna be aggressive today, taking small gains here and not risking it since it looks like CIDM is using yesterday's highs as resistance

Received 6 Karmas
RChen
RChen Jul 07, 20 2:16 AM

Thank you.

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timothysykes

$750 profit CIDM Long Stock

Entry comments: Bought on http://tim.ly/breaking news tool alert about regaining compliance, could run as it has in the past, similar to MARK trade yesterday, goal is to make 5-10%, tough midday

Exit comments: Got a little spike but its failed at the key red to green level so I won't risk it, especially midday, but worth a shot like MARK breaking news yesterday which worked better

Received 4 Karmas
Windwalzer
Windwalzer Jun 17, 20 5:18 PM

So that means it didn't stay above 2.24/previous days close? Thank you.

RChen
RChen Jun 17, 20 10:19 PM

Thanks.

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Bullishshags

Hello!! Just averaged $CIDM as the future looks promising and I am bullish for it (screenshot attached).. what are your thoughts for this stock ? @timothysykes ? Thanks in advance

jaime72976
jaime72976 Jun 05, 20 10:29 PM

@MillionaireShags in my the pump is over on this penny stock but I am not a millionaire so who knows

jaime72976
jaime72976 Jun 05, 20 10:30 PM

@MillionaireShags sorry I meant in my opinion

Lukester
1
Lukester Jun 06, 20 11:36 AM

Your an idiot cut losses

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DocBrian

So $CIDM just completed at great "Cup-Handle-Pop" at 11:39. If you look closely, this pattern actually has a "meta-Handle." There is a cup at 10:45 to 11:15, with a following handle, but within the handle is another cup-handle pattern. I'm finding when a cup-handle completed on another "meta-handle" (and rarely a triple handle), these can pop/squeeze huge. One of the key things I look at now are 1) a nearby resistance. Here: we have the VWAP. This acts like a rubber band. The cup-handle-pop will give it momentum, and it breaks the rubber band it will sling-shot up (hence the squeeze). 2) I prefer "Intraday runners" (this is actually a loser, but the pattern fits) 3) I am now using MACD for entry/exit signals. I would have actually entered this play at 11:35 at around 2.56 and set my risk to bottom of the current handle (2.51). This a momentum play, the second the pattern fails to be cup-handle-pop, I'm out.

Received 1 Karma
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