| | Afternoon Traders, Wild swings in the market sure are making for FUN easy trading right now. As you know, I alert my day trades and swing trades in real time, both buys and sell and today was a easy $650 profit on DCTH playing my favorite "Gap" strategy that I would like to discuss with you below. Honestly, this concept is so easy to spot and trade I am confident you could pick it up in the video below. Now the basics of this the day before...... - Look for a stock with big volume and closing near the highs of day
- Look for news or sector outperforming the market to increase strength of gap
- Make sure stock has room to run to next resistance (learn this via this lesson here)
The morning of.... - Confirm with pre market volume and sustained price action
- Price opens above previous days close
- Price action and trading volume is big out of the gate
- Sell into strength for easy money.....every time!
The chart: Notice previous close of $.0422, up at the session highs on massive daily volume Notice the morning open at $.057s and run to $.08s. (That's 35% gain while you ate breakfast) This allowed me to take a LOW RISK smaller position yet turn it into over $600 worth of gains all by the time most people were scrambling to find a single trade. Now, imagine if you will spending $99 to learn more about this concept so YOU can repeat it over and over and over and over again. Jeff Williams PennyPro.com | Neither Penny Pro nor RagingBull.com, LLC (publisher of Penny Stock Pro) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Penny Pro manages on behalf of RagingBull.com, LLC. 835 E Lamar Blvd #263 Arlington, Texas 76011 United States | | |
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