Bought it for the exact same reason as HTBX, very low risk great reward at the bottom of its range with p/m momentum and volume building up quickly but it faded very fast and did nothing, broke even. Bought and sold at the exact same prices as HTBX. It was a shareholder letter that I thought would be a good catalyst especially since not much else was looking like it would run or gain momentum.
Bought it for the exact same reason as XXII, very low risk great reward at the bottom of its range with p/m momentum and volume building up quickly but it faded very fast and did nothing, broke even. Bought and sold at the exact same prices as XXII. Positive phase 2 results I thought would serve as a good catalyst for buying the first dip but it faded fast. Since nothing much else was running p/m I thought this one would stand a better chance.
I had this on my scanner and I planned it half an hour before the open. I don't normally like buying within minutes of the open but the setup was good, it had a nice spike and I bought anticipating that it would brake p/m resistance at 1.00. It struggled for 10 mins at that level so I got out, since it is a risky low float. f it was really worth my money then it should have no problem with spiking through 1. When you ask, why is it not doing what I want?! Thats when you're supposed to get out.
After hours and previous day resistance was at 3.40 which I bought when it so easily broke that level. It has been strong in the past, but tricky when I paper traded it yesterday and missed my goals. It was the third green day and I didn't plan to hold for more than half an hour but it was surprisingly weak, no dice, these stocks are random to some extent no matter what Tim says, otherwise he would be right 100% of the time. NO DICE
This was a bad set up at 10:45 but I don't know why. It is in a hot sector, has interest even heading into midday, low risk entry and the fact stocks at this time tend to gradually float in one direction and midday reversals are uncommon and its day 1. Please will a profitable trader give me a reason why despite all this, the trade is wrong? I think market maker manipulation but I really don't know. I feel like there is soooooooooo much that Tim doesn't cover.
Tried to buy the first pullback of the earnings inner with a clean chart and volume since it wasn't overextended on the long term. I tried a @turbobob style but while he makes thousands, I am very naturally gifted at losing thousands very fast. Always losing, always smiling. I will add more to this later on when I have analysed it properly
I went in and out at the open, then in and out again first aiming for a dip buy bounce, then a midday small breakout. The first plan was better then the second, though I lost on both. I took a low risk buy at support and a low floater with volume and a clean chart and former runner. It has a history of never doing well for more than a day but it is day 1 and the price action looked like momentum was there but it just wasn't. Well and truly done with this junk now. Removing it from my watch list
I paper traded this yesterday, capturing a much bigger chunk of the move, my idea and plan was all good. I researched it yesterday and was watching it since. It was a day 2 dip, I saw a small gap up, it became a cup shape but the handle never formed and there was panic selling so I held up to the 3.90s and sold at 3.70s on the fade, arguably I held too long given its a low floater + when you see a 5% in 5 min move its normally a sell signal especially into the heavy resistance at 4 that it had
Lost big, my wallet weeps mercy. I do admit I chased this, should've bought in the low 1.90s not at 2.18 but I was eating dinner with family and just being a proper human being and having a life. I knew it was junky but I expected at least a morning spike for a half hour before a fade but it couldn't even do that. Pitiful. Earnings winner with a reputable analyst's upgrade. No screenshot needed, I did lose, believe me. Lost $100 after commissions not $80 as shown. I shall rob some banks next