chilling at support
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XIDEQ hoping for a big ass green candle tomorrow. This is now a short stalk. Couldn't hold long overnight due to being busy with work, but now it's time to bank on any over-exentsion. Hoping for 0.50-0.55+. Using 3 bar rule, this may rip more tomorrow, then I'm interested. Would also set us up for a Friday support crack, which are typically always good since nobody around to buy dips.
Longed this turd near EOD and wish I hadn't lol. Oh well... Just further confirmation I need to stick with what I know and that ain't promos.
Dude dude haven't really been into video games since pot smoking college days. This mo-fo is bad tho lol
Got GTA V all I can say is holy fuk
Thanks for that. Means a lot... we are evolving as traders each and every day. Never stop learning... if we can share a bit of that knowledge with others all the better.
XIDEQ why I chased and what I was thinking. First off we have the daily chart. Which is what I pointed out yesterday... I felt this was gonna pop again soon. It had clean consolidation in the .20s and broke out but hung around. Idea was if it held the 5 MA and started to grind towards .37 this was a signal to get in.
The stock did just that. So this morning I posted I was in. Snagged some real quick and waited and waited lol. The intraday 1 minute is a perfect textbook pattern on any OTC... grind up, higher lows, range tightens... then bang sweep the offers and rip... that is exactly what I anticipated and why I was in early. Identify the pattern, get your fill and be patient... when the break happens the moves are quick and the volume is there to unload.
Lastly you can see that this stock never broke trend from the first move... continued to grind up towards that previous high and when the wedge tightened boom off to the races. Sometimes when dealing these types, it's helpful to take a step back and look at the overall picture forming.
I hear you... a couple months ago I woulda missed this trade. We got the first move on it, and nailed it, ordinarily I would've walked away and been happy... but because it hung around I was interested in why... gonna do a post on the actual trade here shortly.
Yep this my home. Welcome!
I will be out tomorrow all day. Beast mode will return on Thursday lol.
wtf is this?
XIDEQ BEAST MODE .43s CLICK
XIDEQ thazzzz how we do it!!! .40s knock knock
XIDEQ .38s we got ourselves a runner and still a lot day left. let's geaux baby
XIDEQ looking like all systems go
GSAT nice $1 cross and hold thus far.
IN XIDEQ
XIDEQ today could be the day...
GSAT trying to gap over yesterday's highs... 1.02s hitting the tape in pre-market.
gap is possible, but I'll tell u this. I gap lots of junk and have found the best gappers are the ones that are up nice on the day but close off the highs by a decent margin. GNIN may prove different because it was inch mode all day so no real speed move yet... but a nice tall wick to fill in on the following day is never a bad thing.
More and more I'm finding myself buying late day/lunch dips and selling into the actual 15 min rush before the close just because next day when it doesn't gap the trade is crowded and a big dip occurs right after open. Not saying that will happen, but just my experience lately with HOD closers. Also have had some that that gapped nice, but can't fill the sell and end up flat or worse red... ahem NPHC...
Name of the game in OTC land... sell when everyone wants it lol
Hey bro that is what I look for each day, simple small gains with occasional big score. $500 day avg nets you about $125k annually... More than an account build imo
You bet. Some big trades hit the tape late last week low .30s. Seems they are propping for a round 2 push. Speculation on my part but so far chart agreeing with me.
XIDEQ been hanging in there riding the 5 MA... This thing may be worth an eye tomorrow and rest of the week... kinda looking like it wants higher... Hate chasing up here (but also have missed out taking stuff like this off radar) over .37 with vol confirm could see .45-.50... nice little bull-flag formation setting up. Closed over the 100 MA today as well.
I typically buy these in anticipation of the break when I do play. So if it starts to setup I will mention here first thing.
GSAT there's the buck... will be watching any pulls for gappers
they had news? lol had no idea.
textbook off the bottom play... looking like it wants a bit more too... 0.24s up
GNIN .23s now, all you need is one of these a day
GNIN 0.22s nice off .17 mention this AM
GNIN .20s clicking
They have a decent borrow list. They did not have any WTER tho which was a drag. But overall they have good borrow list for OTC and big boards. You don't have to call in and reserve, I think you can for hard to borrow stuff, but I've never tried.
Overall I've been very pleased. Recently upgraded to the suretrader pro platform, which utilizes DAS trader. It's got a price tag of $150 per month, but it's well worth it. I'm finding I use this broker more and more for all trades, not just short side.
Make sure you negotiate your commission structure. You should be able to get up to 10k shares for $4.95 or better.
KWK screw it, just bought some a/h... highest close in about 3 months... only 1/2 position. Just in case gap and go come monday.
WTER resisted the urge to buy. Hoping for a panic down to .50 range to buy first thing Monday morning. Super risky, but down about 50% off highs... I think any further panic snag from here is decent r/r for rebound play. Also if chart sets a base thru monday at .70 I would be interested in any perk off that level for a long play.