Taking a quick peek at low float land.
If shorting , use 2.76 to 2.85 area as your risk. As always, stay on guard and add to starters only on confirmation. Take profits on washes, b/c float is tiny, no dilution, and they can't raise. So very easy to soak & squeeze. GL
If shorting , use 2.76 to 2.85 area as your risk. As always, stay on guard and add to starters only on confirmation. Take profits on washes, b/c float is tiny, no dilution, and they can't raise. So very easy to soak & squeeze. GL
Damn I was wrong on the timing. After the squeeze, they were supposed to dump it "huge" in the afternoon, not at 11:45am .
Gonna punish myself for this bad call. No tonight.. only
Nice volume forecast though ; )
Gonna punish myself for this bad call. No tonight.. only
Nice volume forecast though ; )
Knowing what the ppl in control of a stock will do is the easy part, especially when u understand the fundamentals & liquidity (volume) constraints they HAVE to obey. The hard part, is riding the wave long & flipping short at the top. The dream of every trader.
#OneDay
#OneDay
some commentary porn. Dont worry though, I would've completely missed that entire fade anyway. I was off on the timing (fade was supposed to happen in the afternoon, not this early). Goes to show how u can have all elements down and still fail. But trading is easy right?
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