ucsgears

AMRN - Massive Speculative Move.

NASDAQ:AMRN   AMARIN CORP PLC
429 26 6
This will not Last. But timing this is important.
USC: Buy when it bounces off of support? It's a question not a statement.
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ucsgears PRO StockSwinger
2 years ago
I would look for the Dry Dock (Top / Failed) Situation and Short this.
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2use
2 years ago
This is a really high beta flyer, i would not call it a massive move. If you zoom out its kind of ok, but a retracement to cover the gap is possible.
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ucsgears PRO 2use
2 years ago
A ticker running with Upgrades and a lot of news hype, no matter the magnitude (200% or 1000%) will head down way too quick. THIS is a parabola. Only thing I would do is, Strictly, look for the day to add Short exposure, and ride it down. Its almost like waves from a tsunami. When it settles, there is a huge blood bath to profit from. This is not even a small cap company.
+2 Reply
2use ucsgears
2 years ago
On this i agree, but it is at long time lows, can be a dead cat bounce (on any sort of speculation news). probably it is already today, it went down from 3.33
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ucsgears PRO 2use
2 years ago
I dont pick tops and bottoms, Watch for the proven setup, then take the signals. Switch this to 30m or 1H chart. and watch for a reversal pattern buildup.
+1 Reply
2use ucsgears
2 years ago
Yes, already on it!
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ZenTrader17 ucsgears
2 years ago
fully agree with you. is called pump and dump!!
Those stock promoters no how to do this very well.
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ucsgears PRO ZenTrader17
2 years ago
Tell me about it. I lived through APS Brighton and other promoters
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ucsgears PRO ZenTrader17
2 years ago
None exists any more. Used to be a awesome money maker (long) before the crowd and exit when the emails hit.. lol
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ZenTrader17
2 years ago
you bet!
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ucsgears PRO
2 years ago
Covered 50% of my short positions since yesterday. And will trail the rest... This one strategy when done right can make you enough money to be self sustained....
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2use ucsgears
2 years ago
But you need to find these and that does not happen that often?
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ucsgears PRO 2use
2 years ago
I have scanners and daily alerts set for all these weird shitty stocks . That gets over excited, amateur traders. These are the stocks, strictly not to chase. I used this when I moderated a chat room, "If You Chase a parabola, Get diapers, you need them when it goes down"
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2use ucsgears
2 years ago
Hahaha - i made this mistake once in my lifetime, learnt the lesson, threw the diaper out :)
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ucsgears PRO 2use
2 years ago
Good, you learnt it. Because, People were not listening and arguing.
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ucsgears PRO 2use
2 years ago
Thank Technology. Rite?
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2use ucsgears
2 years ago
Can't imagine how shitty it was for average joe trader back when they could not use any technology. Do post more of these - you'll definitely score !
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ucsgears PRO 2use
2 years ago
You know me. I just show strategies. I don't recommend trading a ticker... If there is enough interest, i can share the scan results in a blog. But I don't see people showing interest in such.
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2use ucsgears
2 years ago
Yes, many dont leave comments. But i am subscribed to some users here, and i always check ideas of the ones i like the most, such as you, timwest, vince, chris, even jangseohee :) TV is just starting to expand
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ucsgears PRO 2use
2 years ago
Good, I do follow one person in the whole world of traders. Just to see his opinion. If my view and his view coincides (which it does for most part), i will. If it doesn't then I hunt for reasons. The only reason i follow him is, his market overview fits my trading personality. I do have a few subscriptions, where I track the robbery and quit. Just got out of S Primo, today, (To check his entry triggers and exits triggers), got them. Time to say good bye. I find my own trades setups. If i cant make sense of a trade. Sorry, that isn't getting my money. Following people is how I learn.
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ucsgears PRO 2use
2 years ago
This setup is actually inspired from someone's trading style - He has a verified $10M profit. "Not naming him". He piles a ton of money on shorts like this. He is on twitter, No alert service, No Robbery, Nothing of such kind. He just makes money from market. back in 2012 I went through his past trades, recap every month and spotted a pattern. This is one of them.
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Joe Pike ucsgears
2 years ago
Just read this and I'd be interested in scan results. If you're posting blog, where is it? I'd love to read more. Thanks.
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ZenTrader17
2 years ago
Beaut trade mate. congrats. I use a similar trading approach look for overbought & sold stocks and usually trade spikes back to value. but this trades are just soooo nice to find. did you use your trading software scanner or did you custom made your search parameters?? . tim sykes form Wall street Warriers also poves this trades in fact he made a load of mula doing exactly this. cheers.
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ucsgears PRO ZenTrader17
2 years ago
custom codes in a webpage
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ucsgears PRO ZenTrader17
2 years ago
Thanks to his followers, Its because of them, the brokers have changed the rules on OTC shorts.
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