Here Again
Monday Sept 22, 2014 HERE AGAIN...once we look at a few possible "Set ups" lining up as possible buy opportunities or we actually take a position, we always have to re-examine our positions. Why? The Markets change daily and we just want to make sure that we are still in a good place. Did I get stopped out? If so, I like to see if the set up is broken entirely or is it possibly still setting up, maybe I was a tad early? At this point I re-read my last report (s)...yes, some things have changed , some became STRONGER, some looking WEAKER. Overall, however, I still get excited looking at the break outs on these LONG BASES! For the sake of time and sanity - I am just going to mention a few from the past, and try to point out a few more I like. To The Charts!
VIMC - Oh how I loved this base! In at $3+ and again at $5 ... Posted this weekly a while back
VIMC just kept improving and I sold some near $6.40, but as it exploded higher with Strong volume , I re-bought as it was rising above $7.00 near $7.10 (the amount that I re-bought was only 1/2 than what I had sold near $6.40) above $7 . Now what has it done?
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VIMC just kept improving and I sold some near $6.40, but as it exploded higher with Strong volume , I re-bought as it was rising above $7.00 near $7.10 (the amount that I re-bought was only 1/2 than what I had sold near $6.40) above $7 . Now what has it done?
Read MoreClimbing That Wall Of Worry (And Hanging On)
QUICK UPDATE - The last report(s) are still valid, but I wanted to add a few thoughts.
First - Some work was being done on the website & a few got an email alert saying a new report was posted. It was a "Test" and I apologize for the confusion. That alert was not meant to be sent. If ever in doubt...Do you see the RED chartfreak box at the top left of the website ...click it and it will always take you to the home page & most recent post.
Second: my last report discussed the reward of BUYING THE DIP. This was the same day following that report (Yes, we still have FED WED ahead, but so far so good). Good volume on a reversal,so far.
I am writing and posting this picture, because if you have been following my reports for the last few weeks, you know that I was buying VIMC around $3.75, and then trading it. I also have been calling for some "GIANTS" to POP UP and with VIMC earnings, I did feel that this one is a candidate. You also know that....
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I am writing and posting this picture, because if you have been following my reports for the last few weeks, you know that I was buying VIMC around $3.75, and then trading it. I also have been calling for some "GIANTS" to POP UP and with VIMC earnings, I did feel that this one is a candidate. You also know that....
Click Here – Never miss a FREAK SETUP again, delivered to your inbox, free!.
Read MorePremium Post Test
Chart Freak Setup…….To the MOON!
