Following is a video of a simulated trade in which I made $724 by shorting ALLK. I saw the stock at FINVIZ after the market had opened and saw that it had risen up to 124%. I quickly went on TradingView to see it was double than most of its days and shorted it knowing it would come down after a while. I didn't know how fast. I started with stocks about 4 months ago. If anyone would like to criticize any part of the trade you are welcome to do so. I'll start trading with real money right before 2019 Q4. Sorry about the noises in the background. Kids playing
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Sorry about the noise in the background. Kids in the background
What Im doing is watching for slowing of volume on the daily and a 20% or so retrace from a low volume spinning top daily candle to start the formation of a bull flag.
@CorporateRaider97, clear bull flag pattern completes and breaks upward. But I probably wont wait to see it break out upward to buy in because this is a clear first wave of more bullish movement to come in my opinion.
xCal
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@CorporateRaider97, see my latest post. I can't seem to work linking charts or pasting them from my phone.