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TomKob11
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TomKob11 Oct 04, 16 11:49 PM

Yeah but it was the second green day so i didnt think it was over extended, and yeah i spreadsheet what technical plays are working and breakouts have been week late august, through mid september and i noticed they have been coming back, plus we have seen some recent supernova's

SpectreTrades
SpectreTrades Oct 04, 16 11:58 PM

So for some reason only half of my comment showed up. The back half of my comment was that from my experience when these OTC stocks go parabolic on low vol into resistance they usually will pull back and in this instance hold supports over the previous breakout level.

SpectreTrades
SpectreTrades Oct 05, 16 12:10 AM

i do think an 80 cent move on what was really a full day on a $3 stock would be over extended for such a short time frame. I actually dip bought in 3.40's after it held above the 3.30 which was a multi month breakout. I actually think because the pot sector is heating back up and it is a low float it could retest 3.80's or higher. Just got a little ahead of itself this morning. Again all just imo though :)

TomKob11
TomKob11 Oct 05, 16 8:43 PM

i see your perspective, thanks for your input!

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SpectreTrades

I have gotten a few questions as to why my watchlist changes so frequently in regards to the stocks i'm watching. My watchlist is much bigger than just 4-5 stocks. I narrow it down to 4-5 stocks that are on my list that i think have the best chance to make a move that day and so I don't get overwhelmed with stocks. I'm still watching other ones to but I only put 4k in my Suretrader account to start so im looking for big moves in a short time to grow my account.

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