I had the same concerns a 5 or 6 weeks ago...you'll get it

Thank you for the insight!!! I do read a lot of the blogs looking over watchlists and plays just want to see it!! But patience is a virtue they say.

Thank you again sealwg!!!!

I am back after several years away... good to be a trader again

appears there was a short side to play, and also a possible double top cup and handle... it has been very volatile since the FDA news...this stock has traded a hundred fold where it is now...

not exactly that problem, but it has performed odd...did not have a ticker for EMMD yesterday ...I have it on a laptop and a desktop, and can't open it right now on the laptop...

its working for me!

good move...what price did you get the position?

@sealwg thanks, I think I got it at around $8.65, way before the break-out, it had strong MOMENTUM so it had to break-out.

great...it was hard to catch the peak at almost $13...dropped to 11.59 before the shares sold...it was a very sharp, quick peak...now, it's back to 9ish...

@sealwg this is the kinda stock, you wanna just jump in and out real quick, I for one like trading CHART PATTERNS as it is predictable, in this case I case I saw the BULL FLAG and jumped right in, after that it got really over-extended, once it reached it's highs, it became unpredictable.

@sealwg NICE! How many shares did you have?

a little embarrassed to say 50 shares...also played it long on ThinkOrSwim live screen (not the delayed ticker), and my long at the amount I could do on paper (1,000sh), would have netted me over $6K. Something to look forward to when I can go long with that size position.

I was concerned when I had to see the close, at 4.64...afraid of the short others were playing...but when it stayed over $6, I could go to bed without too much worry...

@sealwg Exactly. Don't worry about the numbers now. Worry about making the right plays and having a strong winning percentage. The rest will come$$$

thanks for the advice. a lot goes in my head during live trades. and yeah I thought this was overextended as well, but the 9ema was hugging the chart pretty well and the market favors this pattern currently so I gotta take that into account as well

I use an 11 EMA. Its a personal preferance.

Trend lines can be helpful, but i think its more important to recognize the hi's & lo's, when you got out, the chart was still making higher highs, and higher lows, i find key support and resistance levels to be far more reliable than EMA's, you could use ema's but consider them after sup. and res.

Those higher highs and higher lows is a pretty good indicator...I probably would wait for it to prove itself in a clear downtrend...but, you are trading scared, and that's hi on Tim's 'plan' if you will. I'm still quite new, but that's what stands out to me.

I'm usually following, from my own research, the stocks that show up on your list. I like your coverage of 'PREPARE'...thanks for very clear posts...

It's encouraging to my choices to see someone with clearly more experience than myself, coming to some of the same conclusions I come to before I review the lists of veterans of this...

thank you

@sealwg Just trying to do better than the day before and use the lessons from the video's and dvd's to my advantage, trade your own plan!

I know I want to short this, but am wondering do I need to wait for it to prove itself...I would if it were going up, therefore I think I do going down, too. It peaked at 10.54, rebounded to 9.50 after a bounce down to 8.25, closing 9.07. Seems proof enough. I would anticipate this opening, slight upside, maybe, then a plunge. I'm an fng at this, so, I suppose I'll see. Thinkorswim finger poised on the 'short' side. Does Thinkorswim give me 'reality' on shorting...do I have to plan as much

this has 15k+ watchers on stock twits. theres volatility there. short and long. i wouldnt see this stock going much furthe rdown, maybe a dollar. the short side wont be as profitable because the upside is much greater. you can see the same play in AKAO right now the stock still finished green on a PO with consistent volume more than $AAPL this is an opportunity to get in before its too late. im long obv and i maybe be wong. but look at this too http://nakedshortreport.com/?index=AUPH and match

..it all up. TIM didnt day trade this well and i dont have his long term news letter but i hope he has put this in it

$TGTX too had an offereing and closed up the next day

I'm very new, but my suspicion is, those are inside trades occurring at those sizes. That's my WAG on it (wild ass guess)

It seems like "inside" is the two latest prices on the bid and the ask

@sealwg My WAG too.