check out sndl, it did what you want to see to a T, has nothing but a sell off for a yr+, has noooo volume where i underlined, see?, THEN it has big volume and high percent day where i circled, also the arrow shows the price beginning to cross over the 180 SMA on the daily, all this was a huge indication to buy it and swing it for the next leg up, i made 40k on sndl because i identified this pattern and it applies to any stock thats hyped or hot sector
$vacq such a buy, i loaded up!!!
i checked out the chart and its yet to have a real big up day with crazy volume, once that happens, definitey getting back in after that surge could work.
lemme try to find OTC charts to illustrate what i mean
check out $gaxy, $opti, $abml on the daily/max chart, look back last year when they got their initial high volume spike days that started there entire year long run, then compare $cdix to them, seee how it hasnt has those high volume high percent up day/s yet? it needs to do that to make it even good odds imo
Yeah I'm waiting for promotion on it because if I can get in on the first tweets then I can skip the dump and even with 14% commission or maybe 7% depending on size the gain will far outweigh it but I'm just watching. I'm glad you posted about this pattern because I thought about trading like that but nobody else did it so I figured it didn't work.
okay okay i finally figured out a name for this pattern its "long term trend run up" once again , $mcoa is exhibiting the pattern criteria, it has no real volume relative to all prior trading until recently and then it perks up over the SMA180, once again you should have been buying this once it sold off and found a range of consolidation, where i underlined, you have to have faith in the massive volume and wild percent gain day, to trust the sector and know this stock is finally back alive and in play, its SO important to get in right after this big change in trend, because THAT IS THE BEGINNING of a MASSIVE RUN, $$$ fuck your little profits, you can infact make sixfigures on these stocks with a fraction of the cost if you just hold it long term.
I did something like this on TTCM because yuou can see how it almost always goes up like 100-400% from the bottem of the range and i killed it on that one but never tried it again because its basically guessing but it sounds like you have a better plan on it than me.
risk managment on this approach i have yet to figure out, lol, its more like having "faith" that its going to uptrend for about a year, look at $nio for example, last year it was trading on high volume and hype all year, went from 2$-70$, i say buy in at ranges of consolidation, and hold your nuts, also only add to you position wisely on the up or downside.
just look at all the long term trends of any stock that was super hyped last year and was brought to life on high volume, and see the comparisons in this entire sector run up, i think this is just the beginning of a long rally for cannabis.
Thanks for sharing your findings!! I think SIML may be a good one. Just bumped up from a long consolidation!
about to drop some trading tips on you all that NO trader told me, but ITS THE TRUTH AND THEE LIGHT
lol im glad you at least care to hear, cause im not just blowing smoke up asses, lookk for yourself on the charts, the patterns are there!, also refer to my posts i just did thats it
is this just a bulk upload? also do you have any advice on how to get better faster?
Entry comments: Trying a dip buy of the http://tim.ly/syksmorning panic pattern here, could still squeeze like NNDM did yesterday after its offering, goal is to make 7-15%, could be quick
Exit comments: Out for small gains on this failed bounced to focus on TLSS which is just absolutely perfect
@nyguy718 no I watched one a few months ago but there out there
Thanks Tim!
Seeing these kinds of charts daily is building my education. Thank you.
Thanks
@kroyrunner Hey Tim, in one of your videos you talked about a course for Google Spreadsheet and I remember you said it was expenive but often on a deal. I don't remember which video it was but i would like to buy it so I can start tracking trade and setup. Thank you !
@Mikeb132 Tim Grittani 2018 Trader and Investor Summit Speech He talks about it at 9:30https://www.youtube.com/watch?v=iCgzP0xRgrY
https://www.udemy.com/courses/search/?q=microsoft%20excel&src=sac&kw=excel
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Got that trade live on video too, will post in the next few days!
good trade
@GavinBraithwaite just became a fully transparent trader today!
EARS to they kept it at around $1 for 9 Months
$EYES not ears
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