Good Morning! I made roughly 4% on HTBX yesterday on a dip after the morning spike. I tried getting in on the dip into the close on INO but I missed my entry.
Today I am keeping my eye on some stocks just to see how they are forming. Nothing perfect quite yet as some of the stocks I have been watching for breakouts have been breaking out at times that I have missed. So I continue to just watch.
TOMZ,KBLB are stocks I am watching for morning panic dip buys as they have spiked nicely and are now panicking with bounces. But the bounce should be getting smaller as Tim says, they are like bouncy balls that bounce less and less, so I am not expecting too much.
LIACF,CELZ, CTYX, CLSD are some stocks I am watching to see if they can breakout above some major resistance zones. I don't see anything perfect which is why I am just watching to see how they perform.
DRAD, ENZ, STIM, ALT, OPK, INO, HTBX are all stocks that are spiking this morning that I am watching for dips off of the morning spikes to buy into or for potential morning spikes that are trying to get back to their premarket highs like ENZ.
More than likely I will miss something and end up watching, but I am in no rush nor giving into FOMO because others are making hundreds and some thousands on these plays. This is how you grow your knowledge account.
I dont see INO dipping anytime soon. It made a huge gap up from momentum, but due to the economic situation I dont antcipate it moving down enough for a buy anytime soon.
INO may consolidate in the 10.5 range
DRAD was doing good in the morning but it became a head and shoulders pattern
I haven't traded today.. too many to watch for me and im still not feeling the best. Been watching $SPEX since the low 1's and was waiting for an entry but it kept spiking and then it was too high for me. Then I thought the panic to the 1.3s might go lower so I didn't buy the dip either. Just studying this hot sector.
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