MICRO Insider Pinch Plays

[Insiderbuys]

Yes I try to use this on all my Pincher Plays regardless of price. I will use the 100 MA for an entry and if I get in and it dips back below the 100 MA I use that as my stop loss. On TBSI I got in the other day at $2.99. If it can hold $3.00 I will stay in and if it breaks below I will get out. Nothing if perfect in trading but the 100 MA on the 15 Minute works for me most of the time. This will not get you in at the exact bottom but it will keep you from try to catch the falling knife.

Pull up REVU and look at the 100 MA on the 15 minute chart. In this case it worked like a charm.

Insider