Well we got 5% on our new swing trade today, with reduced volume and very small ave trade size. Showing me all the old GTEL penny players are in with me to swing this puppy. Today had the smallest trade sizes since it moved to the American!
Here's a 3 week recap, for those that are following;
5/24 # of trades 362, ave size 1,136, vol 411k
5/25 # of trades 659, ave size 1,127, vol 742k
5/26 # of trades 643, ave size 1,321, vol 850k
5/27 # of trades 410, ave size 1,115, vol 457k
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5/31 # of trades 367, ave size 1,561, vol 573k
6/1 # of trades 430, ave size 1,312, vol 564k
6/2 # of trades 571, ave size 1,303, vol 744k
6/3 # of trades 727, ave size 1,068, vol 777k
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6/6 # of trades 1334, ave size 1,723, vol 2.3 mil
6/7 # of trades 901, ave size 934, vol 842k
6/8 # of trades 833, ave size 858, vol 714k
Look at the "number of trades" increase this week, while the "trade size" decreases, the last 2 days after Mondays, hedge fund entry. IMO Little guys buying in! Hedge guys trading out!
The 5% & lower volume, first leg of the swing play reversal is perfect. IMO I'm looking for 3 days at 5 to 7% with slightly larger volumes each day. With a 20 - 25% profit target, before forming the new channel top and retrace.
http://www.investorshub.com/boards/board.asp?board_id=3972 Welcome to my mind! 
