Based on the charts, IFAN and VGGL, two pumps, are headed higher...I'm long VGGL though as I bought near the bottom of its range and it's also an earnings winner as opposed to baltant pump like IFAN which makes me uncomfortable to go long...trading challenge students get excited for a great live trading webinar tomorrow and thanks to all those who aved 70% on the pre-sale HERE for my How To Make Millions charity DVD...we've raised $80,000 already and I'm granting my first wish tomorrow night for young Isaiah whose dream was to go to Miami Heat games!
Posted Dec 16, 14 6:51 PMbytimothysykes
Newsletters
TimChallenge, TimAlerts, Pennystocking Silver, Millionaire Masters Program, Pattern Pro
Related DVDs
Related Trades
Thanks Tim...
Take your time on the DVD Tim! There's no timetable on perfection.
I sure wish that junk would blow-up again so I can short them!
Think its awesome your giving back to those less fortunate man!
Make A Wish..Awesome!
Tim you blow me away, thank you bro, youre a legend and you make it seem so simple for people like me who are overwhelmed with finance and stock market jargon. You give me faith, your teaching and trading skills are amazing ! cant wait to start getting into it
Thanks! May your Make-A-Wish experience be uplifting for both you and the person who made the wish.
I noticed you buy earnings winners at the end of the day that it reports and hold overnight looking for a spike the next morning. When do you not do this? Would you short an earnings loser the same way? For example, short a loser at the end of the day of reporting earnings and looking for a fade the next morning.
Scratch my last comment, sir. I watched your videos a few more times and got the answers. Thank you.
@aongah way to go!
watched!
good video
This was a lesson showing how you have to be prepared ahead time with the right thesis based on technical indicators. Tim shows how he feels strongly that the next day it could possibly uptrend and b/o since it was holding support really well all day. this was a preparation for the next day the night prior so as to have a clear thesis on what to expect and what to do in all possible outcomes the next day trading the price action and protecting yourself, but given that its a good r/r should work
Its good to be long when you have the odds in your favor!
Nice lesson going over two pumps with resistance and support levels. VGGL had a $2.80 support that held nice on the daily chart and $3.15 on the multi week chart. The stock approached that level and spiked off it, holding sideways above it and spiking more. Better to see this than a quick spike and fade. IFAN is a classic pump chart that had a first wave of pumping that topped at $.62 before falling. After a few months came back and b/o to consol. at $.64. Again, b/o today and poss SS tomorrow
TY Tim
great
Thank you Tim
watched and learning.
Thanks Tim
Swell Lessons
Thanks Tim
Lessons 2370 - 2372: Buying a pump/earnings winner near support, using the "Skeeball " analogy, going for the 10 or 20 holes, thanks Tim.
Great lesson!
Buy the dip near the support or the brakeout on earnings winners
Thanks Tim
thank you
watched, Thanks Tim
none
+
Video watched. Muchas Gracias.
Thanks Tim great lesson
This is an insane great lesson thanks Tim.. Always make sure on your support levels and always check multiple time lines for support. Use technical support as your risk levels.
Thanks Tim
Thank you Tim
Thanks Tim!
Watched. Thanks!
Thank You Tim!!
Thankyou Tim
Thank you Tim.
Join now or log in to leave a comment