MikeySaghbini

this chart literally could make me cry tears of joy and sadness all at once, sad for missing such a dank pattern and tears of joy for how beautiful it is. this is a perfect bounce pattern! if i saw this i would have loaded the fuck up! such a gemme!

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DocBrian

This was an interesting chart @MikeySaghbini . I completely agree with Tim that the first is almost always the best (and was here). Tim traded this stock on 6/3 (and other days too i believe). I bought the 1st dip (with really nice profits) and the bottom dip (with less profits b/c choppier). But the bottom dip had interesting MACD pattern.

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MikeySaghbini
MikeySaghbini Jun 07, 8:35 PM

very nice, thats a nice chart, also why i never linger in my dip buys!

DocBrian
1
DocBrian Jun 07, 8:38 PM

Yes , SO important to never hold and hope. And I would have stayed away on the finely bounce except for the buy signal on MACD for me and the confirmation on candlestick patten. That made me think we would see continuation . I was able to get another small profit from that last bounce.

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MikeySaghbini

i had to save this chart because i love it!, i tried to get into this dip for the quick bounce of the hard snap from its highs, unfortunately i didnt get a good entry at $8.76, dips you want a great entry or you can get screwed, so it started to dip and i thought maybe thats all it had for bounce and i bailed for a small loss, infact i could have held and made money BUT you dont know that. what i also like about this chart its the great short opportunity you had after the stock made a double top, which is a great short pattern imo, you could have entered short in the $8.90-8.80 area, risked off high, then with patience and the chart pattern there the odds were great, i love seeing the hard cracks on a stock it can give way to more panic thoroughout the day

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MikeySaghbini

i nailed the bottom of this dip at 2.70$, as you can see it found support right there with the old high right before it got halted to the upside were i instantly sold. wish i swooped up 4k mores shares i could have made a quick grand. only got 1k and made a few hundred.

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MikeySaghbini

$eols, this stock was up on NO news, was NOT in a hot sector, and it just had this wild run with no real pullback, its parabolic movement just couldnt be sustained, it was just up on CRAP. SO i got in short at 6.23$ endured some pain as it squeezed me and my 1k shares. i left sooooo much money on the table, i should have known this turd was gonna flush, because of all the fore mentioned stuff. made only $300 something on this one, next time ill be patient on a short setup this good.

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MikeySaghbini

"pm spiker/bell opens with a spiker" pattern, $m following criteria for this pattern, buy it when it makes a new premarket high 15minutes till or closer to the bell to catch the spike and sell into it.

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