I dodged a bullet on this one big time. I paid attention to the volume and forgot the pattern I saw. With these spikes there is only two things that will happen in the open: It will fall or rise. I noticed that it could not truly pass the pre-market high, so I watched it because.....what the hell, why not. I sat on my hands, and boy was it hard. I am glad I did not jump in (was thinking about buying 5,000 shares).
If you are unsure about a stock, look at the pattern and price. This stock had previous spikes that went to the moon, so I knew the potential was there. On top of that the volume was there. I am glad I followed my judgement on this one. No trades today, no gain, BUT NO PAIN. Stay green out there guys.
@dvasquez0512, yeah I'm here. I'm fighting the big GUH lol
Trade2Upgrade
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Thanks for good info, I am still learning and honing my eye to look at pattern and price along with the market high.
eman0075
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Nice job. I think a big upswing is possibly coming. You should listen in on the conference call going on in about 15 minutes. There could be another big move aftermarket.
RogueTrader11
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@eman0075, Na......that thing is done for now. I will eat my hat if it spikes aftermarket lol