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Nice-looking pincher forming. Risk on ATHX seems to be getting in too soon. Falling knife still...
ATHX .5437 setting up nicely.
ATHX daily
Market volatility will play against many I'm thinking through May. The 'ole sell in May, stay away thing. Though discounts at your own risk level are hard to pass up.
Just my thinking.
THX....for the info....playin educational sector....china....NEW...AMBO....EDU...GOTU...BEDU...REDU...
ev sector.....RIDE....MULN....
https://stockcharts.com/h-sc/ui?s=NEW&p=Wb=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=AMBO&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=EDU&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=GOTU&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=BEDU&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=REDU&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=ride&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=muln&p=W&b=5&g=0&id=p86431144783
gltu....risk - reward.............
Here's another that might be ready to pop (I am also long in this stock):
https://stockcharts.com/h-sc/ui?s=CYN&p=D&b=5&g=0&id=p53241929815
Thanks. I'm mostly staying clear of the markets (got a ton sitting in money market losing money to inflation).
But here's one that might be ready to go (and I have been buying it including yesterday): https://stockcharts.com/h-sc/ui?s=STRN&p=D&b=5&g=0&id=p27329914299
And I know it sounds crazy and it isn't a pincher, but I've been loading up on HHSE. I think they are finally going to file Form 10 and launch a new streaming service MyFlix. Very high risk situation, but also high reward.
But I'm really wary about the general market -- and have been so for too long.
ADTX...................AEI..........................https://stockcharts.com/h-sc/ui?s=AEI&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=ADTX&p=D&b=5&g=0&id=p89458561652
Thanks! I hope you made as much on this as I did!
For a while there, I was seeing too many pinchers to play them all.
Looks like all Market indices are turning down so will be a difficult market for pinchers maybe select ones will go up. You can check post and pre-market activity on your watchlist to isolate the select few that may be positive and go up.
CLEU..................https://stockcharts.com/h-sc/ui?s=CLEU&p=D&b=5&g=0&id=p89458561652
VEON moved fairly nice today will see if it will hold...
"Dark Pool" shorted per stock twits,
https://stocktwits.com/symbol/VEON
Once again these are naked shorting by Market Makers allowed by the SEC. I have found that frequently they let the stock run up briefly in the morning a couple of reactions then hammer it, let it run a bit during the day and slam the stock especially in the last 10 minutes of trading (not always but shows on a 15 minute chart - has to be moving up for them to do this).
So if you can do counter trades basically "sell high" "buy low" you can make money. Reminder, if SELL and then BUY (same stock) during the day NOT considered a Day Trade, where as BUY and SELL same stock during the day is a Day Trade. Reason being in the SELL / BUY scenario you bought the stock in the prior day - hope it makes sense, TDA explained it to me.
Also, if you look at the up candles they typically are belthold candles indicating the slam from the high.
You should watch it once, picking up 5 or 10 cents gets compounded rapidly.
I meant by “still holding” that the price is still holding up and not tanking. Bouncing off support.
Split funds between SNDL and VEON today.
Yes, still holding VEON but trading in and out when I can.
Moscow markets opened today had minimal effect.
Ceasefire would probably have a beneficial effect.
Expecting good earnings out of SNDL tomorrow was a Hi-Wave pull back and forming a pivotal candlestick.
It’s Still holding , possible for a new run.
NEW.....................https://stockcharts.com/h-sc/ui?s=NEW&p=D&b=5&g=0&id=p89458561652
Well VEON turned out poorly hopefully a normal pincher pullback.
Just an FYI VEON after closing at .65 moved up to .73 to.74 in After Hours.
So far CNBC have turned down or red were green earlier today.
Glenn they look nice. I will be stuck in VEON next week or so and entirely focused their as I have already made decent profits.
I think it should start an explosive trip tomorrow but not without pull backs. If there is a ceasefire than no telling how high it could go.
Wishful thinking.
MULN...............https://stockcharts.com/h-sc/ui?s=MULN&p=D&b=5&g=0&id=p89458561652
.................POWERFUL...............nice call....
Everyone / Interloper, Some general info and regarding VEON I think it has more room to run ....
TD in Canada has shutdown VEON due to being primarily a Russian company - only exit trades allowed. However, no sanctions against VEON. Also, Russian markets are closed so can't trade. So volume is impacted. Russian board members who were sanctioned have been replaced. VEON plenty of cash on hand and line of Credit, actually used to pay a dividend. 1/3 of customer base is in Russia / Ukraine of 210,000,000 customers in 9 countries. May have a revenue impact from Ukraine in April. Otherwise, solid company. Corporate is in the Netherlands and 60,000 employees.
Trading strategy, sell at the high of day, I use a a linear regression band LR50 and LR100 to help from Think or Swim. It is pretty simple a study based on Closed price different colors (friend gave it to me and when the upper band gets hit it can move higher but tends to be the upper limit and traders sell. Buy back at end of the day when severe shorting occurs as today but not always.)
Attempted to share TOS workspace under "Never Post 3-18-2022"
I like to think there is some good information so take a look see what you can use (workspace).
I used to be an IT Project Manager and actually asked TOS to implement the "Tick" for timing trades, which they did and you will see multiple timings in my workspace.
So why tell you all of this info, well I am an older guy and I am at the point where I realize my vulnerabilities and my attitude has changed. Basically, there is no point in keeping secrets secret, when you can help the next generation.
Hence the tips, to make you a better and more successful trader.
One thing I want to point out and I have communicated it to both TOS and ETRADE (I run both platforms simultaneously). I use Time and Sales on EtradePro and I customized it so that Green illustrates the Ask trades, Red hits the Bid and, and Gold is in-between. Both companies know about this idea and requested information which may be implemented. Think it was a carry over from Scottrade.
Anyway, thanks for your time if you have read this far.
No need to respond, just providing information.
Never_Post
PS If you have not read "Reminiscence of Stock Operator" (pre-computer) by Edwin Lefevere it is a real life story of Jesse Livermore greatest stock trader ever under a pseud-name of Larry Livingstone. I have read it three times, once for the story and twice for the trading tips. Also, I have picked all related books, specifically "Jesse Livermore Worlds Greatest Stock Trader" written by Jesse Livermore.
Best Regards,
Cheers.
ROOT....NEW.....RCON....EZGO....FTFT....FEDU....https://stockcharts.com/h-sc/ui?s=FEDU&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=FTFT&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=EZGO&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=RCON&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=NEW&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=ROOT&p=D&b=5&g=0&id=p89458561652
....have to trade without emotions.....be happy with profits....otherwise its sand on the beach.....YEA RITE....BEEN THERE DONE THAT....
....enjoy the week/end....beach weather soon....lol
Ah yes, DIDI ...
My DIDI story.
Bought DIDI After Hours for $1.85, next morning it opened at $2.47 so sold out pre-market and made 35%. Two days later it was at $4.00+ or what would have been a 116% increase. :)
I always say the "Money you make trading stock is like sand at the beach. You can grab two fists full of sand and the more you squeeze the less you have until there is none". NP
VEON - Last trade of the day was at .65 short 1.86 million share trade. Before price was .685 After price was .6935, painted the tape.
SEC is allowing Market Makers to Naked short stocks.
Thanks for posting charts glenn, but why don’t you have the Adx to show the pinch?
VEON - good chance it gets to at least .80 but I can’t watch it. Good luck if you at in.
VEON out at .7509 from two buys at .43/.44, held over two days
BXRX 1.83 open. May not be too late.
BXRX daily
FREQ.....GMBL....VLDR.....NEW.....https://stockcharts.com/h-sc/ui?s=NEW&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=FREQ&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=GMBL&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=VLDR&p=W&b=5&g=0&id=p86431144783
VEON - Traded down a bit today then up in After Hours.
Conclusion is that MACD cross brings in a lot of buyers.
DIDI - Actually gapped up this morning cleared around 35%.
One of the nicest days that I have had.
VEON - Watching it today been in and out, currently out.
MACD crossing over.
Typically runs up in morning then trades down during the day.
I just found this on a scan, I came to post it and you were already on it.
VEON
Just an FYI - Day Trades occur in the same day. If you buy a stock one day and sell the next day does not count as a Day Trade - per TDA.
So buying after hours and selling the next day is not a day trade.
One more comment on Low Volume stocks, darn near impossible to trade after hours.
Some new ones ....
BKSY +++
DIDI +++++
JAGX +++++
RERE ++++
SDPI +++
TUYA +++
UXIN ++++
Disclaimer bought some DIDI after hours expecting a turn in next few days.
When the markets go South everything goes South.
Pinchers for the week 3/13/2022
ADAP ++++ Falling Knife
CLVR ++++
CZOO ++++
GOCO +++
GOED +++
KRKR ++++ Early
SCPS +++++ Turning into Hi-wave
SLDB +++++
SNCR +++++
VLDR ++++
Hi-Waves
DBGI
RKDA
SCPS
New Format
EVTV
USWS
https://stockcharts.com/h-sc/ui?s=SCPS&p=D&yr=0&mn=5&dy=0&id=p34497137428
EZGO....YQ....VSTM....UBX....NEW....https://stockcharts.com/h-sc/ui?s=NEW&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=UBX&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=VSTM&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=EZGO&p=W&b=5&g=0&id=p86431144783
https://stockcharts.com/h-sc/ui?s=YQ&p=W&b=5&g=0&id=p86431144783
https://www.prnewswire.com/news-releases/puxin-announces-us20-million-share-repurchase-program-301259373.html
AGHM....RMED....CYTO....NEW....https://stockcharts.com/h-sc/ui?s=NEW&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=CYTO&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=RMED&p=D&yr=0&mn=2&dy=12&id=p84071410134
https://stockcharts.com/h-sc/ui?s=AGHM&p=D&yr=0&mn=2&dy=12&id=p84071410134
I like GROM best of the three...
I picked up VEON as a pincher and have been day trading it and have been doing pretty well.
CRXT...CZOO...ENDP...ENIC...EQRX...FREQ...SLDB...GOLO...RBBN...TUEM...https://stockcharts.com/h-sc/ui?s=crxt&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=czoo&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=enic&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=eqrx&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=freq&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=sldb&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=golo&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=rbbn&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=tuem&p=D&b=5&g=0&id=p89458561652
https://stockcharts.com/h-sc/ui?s=endp&p=D&b=5&g=0&id=p89458561652
.....another group of great looking charts....thx....n/p
Here is another tip on a short trader ...
Clay Trader and his followers are renown for shorting stocks and he provides a list at end of each day for the next days shorts.
So if you have a pincher or holding stock be aware of the head wind you will encounter.
Here is his list for today produced on 3-8-2022.
** My Top 10 Stocks for March 08 2022 **
$CEI, $MULN, $IMPP, $HUSA, $AMC, $INDO, $BBBY, $VEON, $OP, $TSLA
Here is a link to his website:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168116869
Just select his latest post.
I cannot tell how many followers he has.
They look pretty good. eom
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Special thanks to Durkkdiggler for his awesome job with the ibox header!
Please visit him here: Diggler's House of Images
PPO & ADX
Definitions:
The PPO (Percentage Price Oscillator) is a momentum indicator that tells us the percentage, above or below the long-term indicator, that a stocks price falls. So, when the PPO ‘pinches’ it was at -40%. This means that the stock was trading -40% below is long-term average price. It was grossly oversold.
The ADX(Average Directional Index) is an indicator that shows the strength of a trend. Measured on a scale from 0 to 100, values below 20 are considered weak and values above 40 are considered strong. It is important to understand that the ADX does not indicate whether a trend is bullish or bearish only it’s strength
Good scans to get you started!
Charger's Scan (Stockcharts) - http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=33854076&txt2find=scan
SimpleGreen's Scan (Stockfetcher) - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31539713
Crable's Pincher Scan (Stockcharts) - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35020410
Starter Scans (Stockcharts) - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35047573
captain america's Scan (Stockcharts) - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35233571
People often think that pinchers are only for BUY signals and not SELL signals unless the candle breaks down the MA(20). If someone tells you this, please remember that Soapy told you to slap such people and call them an idiot to their face. Also people often think that the PPO/ADX pincher is the king of pinchers (which may be true) but such pincher plays require the MA(20) to be your "golden egg" stop loss. But this too is utter nonsense when playing a pattern given a pincher. For example, consider the chart below for Deckers Outdoor Corporation in which a rising wedge can be seen using the green trendlines. As we all know, such a wedge is inherently bearish and needs a sound exit as to retain a profit. But how does a pincher tell you when to exit?
Unlike entry, which can be a total pain, the exit is quite simple to nail given the ability to look beyond the ADX/PPO pincher which has NO INFORMATION on when to exit other than: "Oops, we hit the MA(20) and I just lost considerable gains. DOH! I feel like I rode FFGO and GLCC back to 0.0001!" Since we're here to make money, we don't want to be the MA(20)-idiot that gave up 30% of profit due to an ineffective stop loss methodology. Thus we should consider appealing to a pincher as a signal to jump ship and take profits. The trick to this is to look at the PVO/STO pinch as a signal to exit. The chart below illustrates how to find such a pinch and is pretty much the entire story. So, please keep in mind that an ADX/PPO pinch may tell you when to enter, but the PVO/STO tells you when to exit if and only if you can define a pattern for the candlesticks. Also, for those who want to exit at the top of a swing, notice how the exit keeps you above the MA(20); an exit leaving more profit in your pocket.
Happy Trading.
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