Hey, trading challenge students, come prepared with great questiosn for our webinar tomorrow 4-6pm EST...Buying LOCO in the $20.80s before it bounced to nearly $25 was one of my best trades of 2015 already...see why CUBA is setup for a similar bounce, glad to be long...learn this pattern!
Posted Jan 15, 15 7:55 PMbytimothysykes
Newsletters
TimChallenge, TimAlerts, Pennystocking Silver, Millionaire Masters Program, Pattern Pro
Related DVDs
Related Trades
I loved this one
Great video Tim. Thank you.
Same here; Tim sounded "in the zone" on this one! Now back to studying...
Tim, First congratulations on your engagement and welcome home. Thank you for another great lesson explaining your thesis on your trade. I value your mentor ship.
A new setup and strategy. Very cool. Thanks Tim!
Thank you for the lesson Tim. Glad you are back, very helpful video.
Wow new pattern I did not know love this!! Good lesson
ok so if I understand this video correctly NVGN is following this same pattern (but a lower priced stock), and would of been good to buy into the close today, Same pattern, former runner up 50% on positive catalyst good risk reward. and damn near identical to the two examples in the vid... I'll be keeping an eye out for these from now on
So if $CUBA ends up going lower pre-market, is it still going to bounce at market open?
thanks Tim
Excellent lesson Tim! Dip buying into close former runners/spikers for bounce near support on analyst upgrade. A great risk/reward formula. Thank you!
Great explanation. Thanks!
watched!
Very good lesson. It is very important to be able to spot good runners on your own based on the pattern, examples given CUBA for a dip buy since the daily chart showed it had decent chances of bouncing with a continuation and LOCO had a nice pattern that signaled it would more than likely have a nice run. Tim explains how his alerts are not for anyone to chase or follow but instead educational alerts for you to learn from, learning how to fish on your own, with solid rules.
Always look for past supports, and always look to see if the stock spiked in the past or collapsed to have a better understanding on what your trading
Great lessons here. Traders remember former runners
Look for self fulfilling prophecies!
"Gap up with a catalyst on a former runner that is beaten down, buying into market close' - noice
Good to think outside the box a bit to see potential trades. Actively thinking about these trades will let you get a better position before others see the spike. $CUBA gapped up on the recent news of lifting the embargo on Cuba which is good for the US and this stock. Just like LOCO when it fell hard and had a gap up which led to more spiking the next day. Always watch recent runners b/c when they bounce for the first time off the highs and hold they can make for great dip buys near the close.
TY Tim
great
watched and learning.
Thank you Tim
Thanks Tim
Thank Tim
Swell
Lessons 2486- 2488: when you have a former runner that gaps up with a catalyst, don't chase but buy into close, good risk reward and spike ability on this beaten down stock.($CUBA and LOCO) Thanks Tim.
Spikeability!
Not a hint of your secret formula, got to watch the video sevearl times LOL
thank you
watched, Thanks Tim
Thanks Tim
none
Thanks Tim. Former runner - beaten down stock with catalyst - gap up and fade - buying it into the close near support - good recipe for another gap up and/or morning spike
Former runners will run again.
+
thank you
Video watched. Muchas Gracias.
Thanks Tim
Thanks Tim
Awesome! Thanks Tim!
Thanks Tim!
Watched, thank you
Watched. Thanks!
Knowledge supports growth.
Thank You Tim!!
Thanks Tim
Thank you Tim.
Join now or log in to leave a comment