You swinging $KEM as it broke through resistance?

Yes, from $11.85

I would have a stop loss below $4.50. But chart looks fine.

I bought FATE at 5.04 today and I'm holding it overnight. It looks to me like it's gonna crack tomorrow. Do you think the same or do you think it still has potential? Thanks.

Thanks Bob. Another very clear explanation just like TG. As they say, trading is 20% technical analysis and 80% psychological. Being a black/white personality type I have found it very hard to pull the trigger on long positions. I am hopeful your watch lists where you set price targets will give me that extra bit of confidence to pull the trigger on long positions.

It is just a ratio that is found by dividing the reported short interest by the 100 day average volume. If only shorts were buying and the all covered that is how many days it would take them to cover. A number less than 5 probably won't have much influence. 5-10 and a catalyst should add momentum to the move. Greater than 10 and a catalyst - let the fireworks begin!

Kenji - Yes, but that and the soft makrets made me more quicker to sell. Except for the last piece which I had taken most of the risk out so I let it run.

Thanks Bob

I just set an alert on the stock I am interested in.

ok! thanks!

Thanks Bob

Thanks Bob

It only represents a guide to follow. You take the reported short interest and divide that by the 100 day average volume. The resulting number is the number of days it would take if only shorts were covering and they all covered. A number less than 5 probably doesn't have much effect. 5 - 10 and a good catalyst and it probably adds momentum to the trade. Over 10 and a catalyst, let the fireworks begin,,,

Good morning, Bob. CRBP just announced an offering at 7 dollars a share. Do you think that will have any downward pressure on this stock? Thanks very much!

Thanks Bob, I'm still learning and your explanations are awesome!

Nick - Generally it does.

Great video - Can you give any advice on locating good stocks to trade to someone that right now can't afford a high monthly subscription to a service such as STT?

Finviz.com is very good. Even Yahoo finance. I also use the scanners that come with my trading platform at Sure Trader and Interactive Brokers

Thanks Bob

Thanks Bob

I think LIFE might have some upside potential tomorrow. It seems like a lot of long term bag holders jumped out on that pre market spike and held it down throughout the day.

Thank you. Appreciate the work behind these watchlists.

Bob, Where do I find out how many shorts are on a share?

Stocks to Trade has it if you are using that software or go to Yahoo Finance and after entering the ticker symbol go to statistics. You will see it there.

Shorts, days to cover is just a number that I use as a guide. Shorts don't have to cover. I find the number by dividing the reported short interest by the 100 day average volume to give me my number. (days it would take all of the shorts to ocver their position if it was average volume and they were the only buyers). Under 5, not much effect. 5-10 and associated with a catalyst, it will add momentum to the trade. Over 10 and a catalsyt, let the fireworks begin.

love your watch lists --> very simple and straight to the point

thanks

Yup ! Awesome and thanks for sharing

Glad to have you back in the saddle, Arick! If you need a shoulder to lean on, I know I'm here for yuh! Hang in there!

Great stuff man!!

Right over here in Sulphur, La by you. Just my 4th month into this.

Hear, hear! I look forward to your perspective insights Arick! I really appreciate them. Thank you for all that you share!!.