VLTC
THIS STOCK IS THE ICHAN STOCK. on my radar for Monday |
ARCW
Back in August this stock shot up to 23.90 ... then by 10.17.2014 it was at about $7.40.
Some people who didn't sell... Lost A LOT of fucking money.
They are pissed
And Friday was was the biggest percent gain in a long while.
If they haven't sold, Then They Are Watching it.
Waiting.. Doubfully buying more.
But.... They want it to go up. so will someone pump this +1.11/share increase? or will it drop because some people finally made a bit of money back..
Lets zoom in on the decline:
Some people who didn't sell... Lost A LOT of fucking money.
They are pissed
And Friday was was the biggest percent gain in a long while.
If they haven't sold, Then They Are Watching it.
Waiting.. Doubfully buying more.
But.... They want it to go up. so will someone pump this +1.11/share increase? or will it drop because some people finally made a bit of money back..
Lets zoom in on the decline:
Sharp sharp drop from the first chart.. key levels just keep falling..
There is a TON of support around the 5.97 mark.
The stock will trade at 6.11 Monday..
So it's basically sitting on it's support.
Watch the volume in the morning..
If it goes up drastically.. could be another green day.
And the price creeps up above 6.11 and holds it.. level 2 showing great wall of buyers.
Could be a very very low risk buy. Minimizing risk is part of my current plan.
If some sort of press can make it spike.. Look to sell in the 6.30's
Lets zoom into what happened on Friday:
There is a TON of support around the 5.97 mark.
The stock will trade at 6.11 Monday..
So it's basically sitting on it's support.
Watch the volume in the morning..
If it goes up drastically.. could be another green day.
And the price creeps up above 6.11 and holds it.. level 2 showing great wall of buyers.
Could be a very very low risk buy. Minimizing risk is part of my current plan.
If some sort of press can make it spike.. Look to sell in the 6.30's
Lets zoom into what happened on Friday:
This definitely looks like that funnel pattern that shows a short squeeze about to occur
Let me see if i can draw what I'm talking about on my phone..
Let me see if i can draw what I'm talking about on my phone..
That's the squeeze pattern right there.
Will it pop?
If the volume is right and it doesn't drop below 6.00
Now lets check the news:
-Some sort of offering of common stock on Apr 2.
-Sec form 8-K filed
That is it.
To short or not to short.
Only the price action monday can tell..
The dip buy initiate will be at 5.59ish if there isn't a wall of sellers around 6.00
Too tired to post my thoughts on the rest of my list.
See below for what i am watching and why.
P.S. - I will trade by what I think the big firms are doing on this one. There is a reason it went up over a dollar. Will it fizzle out or will it spike again. Price action will tell and I will discuss what happened tomorrow. Also doing my normal of staying alert in TimAlerts chat room. Until my meeting at 3.
Will it pop?
If the volume is right and it doesn't drop below 6.00
Now lets check the news:
-Some sort of offering of common stock on Apr 2.
-Sec form 8-K filed
That is it.
To short or not to short.
Only the price action monday can tell..
The dip buy initiate will be at 5.59ish if there isn't a wall of sellers around 6.00
Too tired to post my thoughts on the rest of my list.
See below for what i am watching and why.
P.S. - I will trade by what I think the big firms are doing on this one. There is a reason it went up over a dollar. Will it fizzle out or will it spike again. Price action will tell and I will discuss what happened tomorrow. Also doing my normal of staying alert in TimAlerts chat room. Until my meeting at 3.