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AwesomeAvani
Feb 21, 2024 6:50 AM

VINC a speculative biotech penny stock LONG Long

Vincerx Pharma, Inc.NASDAQ

Description

VINC went from 1.5 to 3.0 in less than three hours with 12X relative volume in the afternoon

after a month of a slow climb from a news release that really did not amount to much. Insiders

are 25% of the shareholders and that may be the story here. This could be manipulation at its

finest. I have to wonder how many insiders bought how many shares and when the rug pull.

This is a high tight bull flag pattern which typically results in another leg higher of the same

magnitude. I suppose that is in clean trading without any manipulation.

If this takes off again it might be worth trying with a small position so long as the trader

can hit a button to close the full position when the sudden reversal occurs. I will trade

this long with a group of moving averages to make alerts for crossing lines and slopes

levelling out and see if it can go anywhere.

Comment

Price added 9% today. Holding a full position.

Trade active

Price is Predicted to gradually ascend moving forward at least for today. Full position
but may take a partial late Friday morning.

Trade closed: target reached

Trade active

Swing Trades in Followup

Comment

Update of partial swing trade closure:

Comment

Another zig and zig awaiting a break of the flat top. Highly successful swing trade stil open.

Trade closed: target reached

Fanastic trade to close in the premarket seeking shares to short.

Comment

Comments
thisinvestorisnew
I missed this. are there any penny stocks? I have added EXFY(2.40 - avg price) to my portfolio.
AwesomeAvani
@thisinvestorisnew, see this link. This has been a 4 figure winner for me and the trade is still open. It is proof that you can make good money with volatile penny stocks if you know how to play them even with slow and mellow swing trades if yo do not have the time and attention span for daytrading. there are always pennystocks. Tell me what sector you like and I can give you a suggestion or two. IF you have a screener I suggest you screen for rising volume at least 50% above the running mean, rising volatility, RSI ( 14 ) over 40 and under 70. Price example !.00 < price < 10. There is the concept of penny options as well extreme risk and far more risk of extreme profit if done well. See linked here the swing trade summary so far. BTW as you can see on the link, the average daily return is 12%- the math problem is if the compounding is daily and the rate is 12% how many days does it take to 10X your money ? If you cannot figure it out and you need the math follow me and like the idea then ask for the math. I suspect you will be greatly surprised. See the trade summary linked above.
AwesomeAvani
thisinvestorisnew
I use finviz as a screener
AwesomeAvani
@thisinvestorisnew, that should work just fine if you get too many results just adjust your filters by increasing the relative volume from 0.5 to 1.0 to 1.5 and then 2 which will
narrow it down to the symbols getting the most trader love and attention which is what you want.
thisinvestorisnew
@awsomeavani which screener do you use?
AwesomeAvani
@thisinvestorisnew, Most of the time it is barchart where I have a premium subscription but sometimes on market watch and I have used finviz as well.
thisinvestorisnew
thisinvestorisnew
@AwesomeAvani finviz screener settings
relative volume : over 3
current volume : 1M+
Market : USA
price : between 1 to 20

total : 58 stocks. now do we pick 1 stock which can give me some profit?
thisinvestorisnew
@thisinvestorisnew now how do we find the best stocks which can give us some retur?
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