Hi guys, i'm only paper trading for now but just wanted to share this simple method i've used to make the perfect trade on ARRY this morning. 

 

1 - I looked for pre market gainers, always best to know whats moving big before the market opens as usually its due to a significant reason. Found the highest gainer with enough volume for potentially big moves. 

NOW CHECK THIS.. the stock opened and came down to exactly 4.65 as marked on the chart. I knew this was my perfect buying chance but how? look at the next chart below

 

 

THIS IS HOW I GOT MY CONFIRMATION BUY SIGNAL...

2 - I got in at major support level

As the price action came down to 4.65, I knew it was time to get in because I had done my research and looked at previous highs to give me an idea of the major support and resistance levels. The last recent high was by no surprise 4.65.. as seen below. Once it held that level, I got in and the trade worked out as I planned.

 

3 - I was buying a stock that has been a previous runner

 

 

3 major indicators to look for and when they all are present, its a dam good trade to take! 

Keep it simple and keep learning! It all clicks into place slowly as Im finding now after watching Tims videos for the last year...