What’s up Profit.ly!? I hope you all had a great weekend! I’ve been slammed busy all weekend, which is a good problem to have sometimes but I’m zonked right now! I’m definitely going to pass out early tonight and get some good rest to prep myself for a solid last full week in May. I’m going to cover my watch list and a little bit of stuff regarding Level 2 and I sure hope it helps out because Level 2 can be tricky for sure. Enjoy the rest of your weekend everyone and I’ll see you all on Twitter tomorrow bright and early!
Follow me on Instagram where I post motivational pictures and share some of my experiences!
Follow me on Twitter where I post ideas and live alerts regarding my position, size and thesis! #Hammertime
All 3 of these below were crucial to my success!
Click HERE to sign up for Pennystocking Silver
Click HERE to buy Pennystocking Part Duex (MUST WATCH!)
Click HERE to buy Tim Fundamentals Part Duex
CLRB – After receiving good news about patent ID numbers on Friday, we saw a massive short squeeze take place throughout the day. It closed the gap from back in April when it dropped from $3 to $1. This almost broke out past $4 and after finding some support in the low to mid $3’s intraday, I could actually see this retesting that $4 range on Monday. If it fails again though in those high $3’s, it may be a good short opportunity but I would certainly be cautious as the last 2 times I’ve shorted supernovas that have spiked 100%+ I’ve lost big so I recommend being careful as well.
GLBS – This has jumped nicely each of the last 2 sessions. It’s also a former runner that fails to hold its gains every time it spikes so I’m more short biased on this one than anything. I am going to wait to see if it spikes in the morning again on Monday because there is a little momentum behind it right now, but if it fails in the morning, I’ll see if I can find shares to short.
ONCS – This isn’t my favorite chart in the world however it is right at long-term support so may consider taking out a small swing position with the goal of this retesting to high $2’s. and only risking $0.20 or so. We did get a nice little volume spike on Friday so maybe we can see some momo heading into earnings in a couple weeks. I will NOT hold through earnings if I decide to take a position.
Secondary Watch: AVXL, VLTC, GSAT, ORIG
@nathalietrades1 they dont mean anything. The top color is going to be the first group that gets executed, middle the next group and bottom the last group. The colors are irrelevant they're just there to show you how many buyers are coming in at the price point.
Thanks for the prompt response helps knowing that - and if you evolve to a paid service one day! you will do amazing!!! keep on doing what your doing
Thanks for the video Matt, keep up the hard work! I can tell you that your efforts are much appreciated. I finally got a chance to watch this today. On Etrade Pro you can order from the L2; at the bottom of the L2 window it says show order. When you click on it it expands and you can order right there. Look forward to the grind when I get back from vacation!
Awesome video matt! Thanks man!!
Join now or log in to leave a comment