Claw, for me, I use the candlestick charts to find explosive patterns. And in the past I would just profit off of an explosive move. Trolling through IHUB back in the day I came across NEOM and it was setup right before the big move from .28 to .74 So I got in then, and then I liked the story, so I didn't sell, breaking my rule of not falling in love with stock/story...
And have been watching it ever since... so recently when we went down to subpenny land, and I knew the story - thanks to you and a lot of the other posters like JP, Success, Streets, YJ, Beam, and everyhone else including recently BC - NEOM was setup again in another explosive setup - so I got back in and loaded up.
Volume with the charts tells a lot, but it was the specific pattern it was in (and there are a few that I look for)... anyway, IMHO, If you're patient, this can be very profitable, because when they are setup perfectly they do what we just saw from .002is to .028is... that's no coincidence... and for the most part you get in and get out pretty quickly and then you're holding cash which equals no stress... I would have to say a lot of us here were stressed for years because we held out of fear that we would miss the blast off... but when you trade like this and you hold, your cash is tied up and you will miss a lot of other opportunities... however I understand bc I'm guilty myself of holding b/c this story is so compelling...
Back to the charts, for me being able to read the chart gives me confidence to get in as well as get out...
The hard part is knowing when to sell... that's where emotion can get the better of people, myself included. And never fallng in love with a stock! Which unfortunately I am guilty of here - so do as I say and not as I do :)
I like a lot of others here, hope this stock is the exception to that rule and that we do have on our hands "Google on Crack!"
Surf
