Days to cover is a ratio found by dividing the short interest by the 100 day average volume. The resultiong number is how many days it would take for all the shorts to cover if they were the only buyers and they all covered. A number less than 5 does not have much bearing. Between 5 and 10 with a catalyst and it should add momentum to the trasde. Over 10 and a good catalyst, let the fire works begin!

Thanks for a new watchlist Bob!

Thanks for the regular watchlist, I was also interested in learning about the 'days to cover' aspect, so thanks for explaining that.

Thanks Bob

Nice video, thanks for sharing! Quick question, so do you trade the 5 min setup all through the day? or do you switch to 1 min too?

Generally I just use the 5 minute chart. If it is really volatile I will use the 1 minute within th econtext of the 5 minute

Really like how you use the 5 and 15. We follow so many stocks from day to day and have to move on the fly. I find myself going back and looking at the 5 and 10 day charts. So the 5 and 15 provide a good frame of reference. Thanks for the tip.

Thanks Bob

@Turbobob Thanks!

Cheers Bob

Thanks Bob!

Thanks Bob

@Turbobob Love your watchlists can you make you a video showing us how you make your watchlist and find plays? Thank you so much for your content! :)

thanks Bob,

Nice bob

Thanks Bob

thoughts on NVCR if it falls below 10?

probably $9.50 to start with. It has a large short position so you would need to be cautious

holding 10s well im considering entering a long position

maybe a better dip buy in the 9.50s if 10 doesnt hold

Thank you, Bob!

Cheers Bob.

cheers bob

Thanks Bob

I look the largest % gainers using Interactive Brokers in house screen, same with Sure Trader. I also use finviz. With STT, first thing in the morning I have volume set for 10,000 on stocks priced between $1 and $20 and an 8% move. When the market opens I change the volume parameter to 500,000 and then 1,000,000.

thank you @Turbobob much appreciate it

Thanks Bob

Thanks Bob