NASDAQ:TRUE   TRUECAR INC
This stock is gaining traction and has a nice pattern on weekly and with the breakout and santa rally has moved well. You can take the trade now within 5% of breakout or wait for a sell off test of the breakout area. Either way one to watch. As long as using good risk mgt             you can take advantage of moves...
2use
2 years ago
Boy i like to see your charts :) thanx for sharing great ideas!
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Vince PRO 2use
2 years ago
Yes thank you for watching :)
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2use Vince
2 years ago
Always, as i note the high quality/probability trades you post. I make my own on top of the ones you cover and many do align. Your gopro and scty ideas were top notch
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Vince PRO 2use
2 years ago
Thanks 2use- I like momentum not more trading or day trading just good strong runs
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Vince PRO 2use
2 years ago
Thanks again hope it helps :)
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Carolyn
2 years ago
With the TRUE stock I noticed that P/E is N/A and also from stockcharts it looks like the company started last May. Would their first P/E numbers come after May 2015, and would that signal a stock price increase as value investors took interest?
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Vince PRO Carolyn
2 years ago
Often NEW companies don't show a PE, but in time they do as earnings start to strengthen but I don't focus on PE I want to see the earnings for sure, revenue, sales and usually new stocks have HIGH PEs and that is ok. Stock will increase as more buyers come in and create more demand....with less shares that is a momentum potential. This stock has a lot of commercials and think It could be a strong one, will have to keep eye on earnings/revenues etc.
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Carolyn Vince
2 years ago
"....with less shares that is a momentum potential."
Very interesting dynamic with new companies. Thank you!

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Vince PRO Carolyn
2 years ago
That can be good or bad with less shares if bad news they fall faster :) But good risk management and stops help
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