People were asking me the other day why i was still bothering with it,
When I find a stock, it's usually up a lot already. I Let the chart develop, let predictable trends form. I find support and resistance. I take the predictable piece of the chart and move on. I don't get in while patterns are forming and hope they finish the way I want, I have done that and sometimes the pattern goes down instead of up so don't take the chance let it play out and play the predictable part.
Posted Jun 22, 17 4:35 PMbyMattNow
Received 2 Karmas
Yes but what brought this to your attention since it was down so much already?
how do you figure it was "down so much"? it was trading $4-$5 a share two months ago, when it gaped up myself and some others in that chat were trading it, i kept it on radar to keep an eye on the pattern, once it broke out of pattern and through resis at $7.70s i bought $7.81 to planning to sell at or around resis at $8.60s but it blew through that stage and is now at $9-$9.30 resis... its had my attention since the initial gap up
LOL, sorry my question wasn't complete. How did you know to keep an eye on it after the level it was at $4-$5. Sorry man sometimes I type ahead of my thoughts. You answered my question though. Thanks so much and great job!
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