I was looking at this stock and realized it was a good example of a parabolic curve. Much of what we have seen in TSLA
, and one of the best ones I've seen BVSN (.com boom). This happens a lot with pharmaceuticals especially as of late. I have been bottom feeding on a few pharms that have the parabolic look to it. The best thing to do is to get in at base 3 as that is where the biggest gains usually are. Plus it gives you enough time to identify the pattern. Maybe this helps some of you who aren't used to this, and wonder what to do when such moves happen. For all the veterans out there, maybe just a reminder. Happy Trading!