[TimAlerts] I dont think $TTNP will make it
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[TimAlerts] idk im getting a little more confidence that $TTNP has a chance to possible do good things tmw
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[TimAlerts] $TTNP may retrace itself through pre market up to low 9's and then panic back to low 8 range at open
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[TimAlerts] I cant see $TTNP going lower than closing price with an FDA approval... stocks have risen substantially on far less. would be sad to see if it couldnt rise at least .5 pre market....
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[TimAlerts] $TTNP is open for trade
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[TimAlerts] in 300 shares @15.97 FLXN out @16.682
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[TimAlerts] FLXN is running.
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@AirplaneJane I think I finally have caught on to your niche. The concept im starting to see that may work is. we always chase/plan for stocks that are breaking out but 7/10 fail to breakout due to what ever reason, and in return lose money. (from a long biased stand point) so if we stop looking at extended charts to the upside, and instead, look at charts extended to the downside, you can get the same adverse effect where 7/10 expected shorts will fail. thus providing the expecting edge to the longs??? Sorry for the long post, ive just noticed that stocks have a equilibrium. and majority of us want to hope for an out of the gate b/o, when if you look at over-failed charts, there are more consistent long opportunities to take advantage of, just like we would trying to short a chart that is up... and we dont have to fight trying to find shares to short bc everyone is willing to sell junk. My first test on this was PSTG, looking for long b/o past 11.9 for r-g intraday play. 5/26, looks like a play you would have killed. thanks for any input.
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[TimAlerts] the only reason why I am a little skeptical with $NM is bc lately earning winners have been failing morning spikes
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Yes definitely. It is like Tim's strategy for shorting at the top of a parabolic. I found the reverse in going long at the bottom. Less risk going long than short because you are limited to your investment. Shorts can get squeezed which is what I love from the bottom and trading with their fear driving the stock up. Great job.
Hi Jane mind sharing you SCAN set-up for finding these kind of stocks. I notice you play mostly Stocks above $10.00.
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Great job @DTrain45 but I think the key is on the timing now. that's what really makes the diferecia between a traders in my opinion. Thanks for your comment!
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