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lets talk about SINO and the otjer shippers that spiked yesterday. Im a noob now I went back and reviewed everthing SINO did. below is some volume measurements and some notes i took on SINO after the spike. Im trying to figure out what caused this spike. ANYONE HELP ME BETTER UNDERSTAND THIS

 

IF IAM NOT MISTAKING THIS COMPANY HAD SOME TYPE OF PRESS OR NEWS AT THE BEGINNING OF NOV AND I THINK THE EARNINGS CAME AT THE END OF SEPTEMBER. MY QUESTION IS WHAT MADE IT SPIKE AND HOW HAVE I COULD OF CAUGHT THIS TO PUT OF MY WATCH LIST. IT SEEMS TO ME IT HAD CONSOLIDATION THEN JUST TAKES OFF

 

 

 

 

 

THIS CHART GOES BACK TO JULY

 

 

 

HERE IS THIS YEARS CHART

 

 

 

 

 

HERE IS A YEARLY CHART  FROM THE PAST COUPLE YEARS.

Posted Nov 17, 16 9:32 AMbyStockaholic215
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LivingLarge88
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LivingLarge88 Nov 17, 16 10:01 AM

I start by looking at the highest pre-market gappers then I look at charts in different timeframes to figure out how the stock has performed in the past. When I like what I see, I start plotting entries and exits to execute right at market open. I also look at news to determine whether or not there is a catalyst.

LivingLarge88
LivingLarge88 Nov 17, 16 10:03 AM

I would only trade stocks that have a good catalyst for now such as earnings winners, contract winners, Phase I, II, and III biotech trials

tgentil
tgentil Nov 17, 16 5:07 PM

SINO spiked because of other shiping stocks, its pure moment, theres no fundamental catalyst here, its purely technical, dont mix the two things

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