Pandabear | Profit.ly

Charts on 9/16/16 movers - 7 stocks

Today was a day full of hesitation due to fear of losing after a 3-day losing streak from last Thursday to this Monday. Next week I will definitely pull the trigger on any A-grade setups that I see. I did tell myself that I would only dip buy uptrending stocks under $10 but because there aren't many plays now I need to adapt. So I will also buy breakouts but will make sure I look at all time frames so I don't get faked out like I have in the past. I'm still looking at stocks above $10 for patterns to catalogue like $GNMK & $WATT.

$SKLN - I was watching this in the morning after the morning spike. I was waiting for a break above the descending triangle but when it broke below 0.1816 I stopped watching it. I should've kept my eye on it because then I might've seen the uptrend midday when Tim bought it. I missed my execution in the afternoon after it topped out at 0.205 and came down and made a double bottom at 0.1830. I wanted to get in at 0.1840 but it went up too fast and I didn't want to chase. Then I had to walk away from my computer and missed two more opportunities to buy at 0.1830 which looked like mini triple-bottom. It got up to 0.20 so would've been a nice 8.7% profit.

$CRBP - I saw the morning break above 7.25 at 7.28. I wanted to buy it but said I would only dip buy stocks and then it went up to 7.85. So now I'm going to adapt and buy breakouts as I've been seeing a lot of them lately.

$GNMK - I almost bought when it found support around 10.30 after it dropped from 10.98 but because of the price I didn't buy it. It did go down and found the next level of support at 10.20 but then went back up to resistance in the 10.60s.

$SCYX - This was approaching multi-month resistance around 3.09 so when it broke out and came back down I was going to buy at 3.11 but changed my mind because I knew I would not have the patience to hold a slow mover. It got as high as 3.30 so maybe I should've bought it. lol

$NWBO & $NAVB were two recent spikers that both had afternoon runs today. So need to keep these types of plays on my watchlist. i.e. recent runners that have come down a lot but have consolidated for a couple of days and are holding support, as these can run again.