UPDATE: Just 10 days after my initial buy alert at $6.75, NTE is trading in the mid $10s, my latest 50% winner and I've made roughly $7,000 trading this stock, but more importantly, profits of roughly $50,000 for my students and I...please watch this video repeatedly, I wasn't 100% dead on as I underestimated how far it would go, but that's a good problem to have when you're buying $100,000 worth of stock under $7/share and the stock goes up 50% in less than two weeks!
I've locked in $2,000 in realized profits and now I have roughly $1,000 in unrealized profits...as you'll see this stock looks excellent for a continued breakout tomorrow...will discuss this pattern in depth at my upcoming Vegas conference OCT 13-15, read more details here
Posted Aug 20, 12 7:44 PMbytimothysykes
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done! thanks Tim!
Great take on NTE's price action and general rules.
great video!
Thanks
watched!
learning
reminds me of VLTC - no news, big block buy, former runner
PROFIT IS GREAT
Very informative lesson
I hope more people watch all these videos, they are so informative..Thanks again, Tim
watched and learning!
thanks Tim
great lessons here
Watched!
watched
Wuhu, Vegas 2012!
At the end VLNX had a crazy panic then what looked like a weak bounce that was heading lower so disastrous over night setup. Overnights are risky, possible panics, spikes, pullbacks that look like panics but just people taking profits so they ramp back up, spikes because people see a stock up trended all day and closed at its highs but could possibly also drop due to longs taking profits.....What are some ways to better predict what will happen next morning.
In reverse a stock that downtrended massively and finish low could spike due to short covering for profits.
Great lessons in these older videos. thanks Tim.
It's not just the specific patterns, also mind the timings. Stocks behave differently at different times of the day - predictable 11:30 spikes Tim mentiones in this video
TY Tim
Bought $NTE as it was a former runner weeks ago but was doing much except for consolidating above $6.80 resistance. Now is re-spiking due to price action. Good dip buy in the morning when there is a small morning spike to show strength and added in the afternoon when it was going to breakout again.
Super good lesson, thanks Tim. Lots to learn from here with a stock that's hovering at a consolidated level off of its recent spike. Interesting to learn that a block trade can act as a catalyst, but if you're in near that consolidation it mitigates risk/reward. Also, good to learn that the fact that it's a Chinese company needs serious consideration because expose's can crush you. Never would have thought of that.
I remember $NTE. It had that big spike 2 weeks ago. It has been holding support around 6.75 and it couldn't break it. After you bought you got a volume spike and it spiked hugely. Nice lock in after it. Big potential news coming added to your long term account. Short term you don't want to hold too long because there is no real catalyst. Also it is a former runner from 2003. It likes to spike very quickly. Crazy how it went to $10 dollars 10 days later.
Thanx Tim!
%
done
Thanks Tim!
great
Chicago 777 Challenge, thanks great lesson be careful. things happen fast.
Swell Lesson
watched
Watched
Thank you Tim
Great Lesson!
Thanks TIm!
Excellent Thx Tim
Thanks Tim!!
Watched
Thank You Tim
Cheers Tim!
Specific times of the day! Every hour during trading day has its own significance. Thanks.
Hey Tim . is there a video of the Vegas confrance call that you explain about the different times during the day ?
note to self: first green or red day after a long trend. look past a day for resistence and support mixed with volume
Thank you Tim, very cool!
watched and learning.
Thanks T
Thanks Tim, good vid.
Knowing what to watch for hour by hour
Thank you! Great lesson!
Thanks Tim
awesome
+
Good Lesson Tim, Thanks!!
watched, Thanks Tim
none
Watched, cheers Tim.
Awesome! Thanks Tim!
Great video
Great lesson. Thanks Tim!
Thanks Tim!
Video watched. Muchas Gracias.
Thanks Tim
timline is the vegas conference you are refering too , nice first green day and morning dip buy into panic breakout spike !
Watched! Thanks Tim!
Thanks Tim!
Thanks Tim
Watched, thanks Tim!
Thank you
Watched, thank you Tim.
looking to enter on the first green day ideally with a catalyst which is strong however can be speculative and can enter on volume depending on the overall market and also having specific time frames for each ticker
Video Watched. Muchas Gracias.
Was Here!
Thanks Tim
Thanks Tim
good
Thank you Tim!!
When a stock is testing multi day resistance, be ready for a breakout and capitalize once the pattern has proven itself. Thanks for the lesson Tim.
I appreciate EVERY video lesson... Breakouts Will Be My #1 Pattern. I Have To Master This Pattern!!!
Thanks for the lesson Tim.
Watched
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