So I wanna talk about $CRMD which was on my watchlist as of yesterday at around 2pm. I successfully picked this stock as I predicted it would run up this morning. I think that the main reason it ran up about 10% this morning is because of yesterdays price action. I think the catalyst was good enough but there were people selling into that spike because of a recent gap down and they probably held from the top of that gap down and sold into yesterdays spike, so it would have been a great dip buy at about $2.53 where I alerted it. It hit $2.90 this morning, which would have been a very nice 15% gain if I would have been long. I am now getting to the point where im spotting stocks and putting them on my watchlist before Tim and Superman are and that is a good feeling. I feel as if I should start trading now and try to grow my account now that I know what im doing after well over a year of studying and losing more and more on trades.
CRMD pattern is explained in extreme depth in Tim Grittani's DVD. I highly, highly recommend it.
Listed stock Multiday Breakout.
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