Today there are two stocks I think can squeeze and/or have a momentous move because of low float and short interest ratio and a catalyst*.
$MULN which is a more speculative and an EV name
$SKIN* which had great earnings and guidance. Lynched via girl friends.
Earnings works. Energy works. Shipping logically should cont to work. Biden have lng on ships now. Gas should work. These are just things I notice.
This was my focus list going in today.
Okay moves.
Got alerts from BTU and VTNR as well.
That's it.
$SKIN $IMPP $MULN
For my followers SKIN is at R3 and since it's a daytrading market I sold half here.
For those who know my trading concept I trade it as a power trade from the open. Textbook. It's very efficient and no brainer.
Stoplosses marked. Buy and sell points market (it's not drawn exact as I don't trade in this app). See it as a concept.
The trade is based on EP or earnings breakout. So it's a news related trade, right. It has a catalyst. You need to learn to read the news efficiently. Learn what is important, and what is not. And focus on the best. If you do, this is "free money" (but first pain).
This is day and 65 minute chart as of now. $SKIN
Yep $SKIN continued once market bounce came in.
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Really bad exectution today but was lucky w mostly good decisions in prior days.
@PradeepBonde /Stockbees advice of ABC "Always Be in Control is something I will focus on. One step back today. Mind was not with me. But feel I got a better understanding of better path forward.
Notes in my trading guide:
Prepare!
Focus! <- prepare/mental capacity/do less to do more
Inspired from Stockbee - behaviour goals:
ABC - Always Be in Control
FEE - Find and enter early
The cognitive load of trying to catch more of the exploding oil stocks and trying to buy more gas & then gold came in the way of yesterday nights preparation work on Earnings gap ups - which is the trade setup I've studied & "know" and have been focusing on.