IFMK and sensing possibilityPaytience is a hard virtue and can be a painful one when not executed in a timely manner. This is especially true when finding your ins and outs in the stock market. If one has paytience, then one can get their "pay" (hence the spelling ;) ).
05/09 Stock goal 29% winner in 24 days?
Possible 11% winner in 24 days?
**Shaded area is my target timeframe**
Limit Buy @ $1.00, Limit sell @ $1.11 and/or $1.29
- Stochastic crossed hard north
- MACD waiting to make a more drastic move north
- Current Volume requires paytience
- Candlestick patterns here are encouraging
This $1.05 price seems the most agreeable in the last several trading days. Current volume is not good, but the price so far is holding by using the visual indications of the candlesticks. I believe entry into this trade is dictated when the price dips to the $1.00 price point, followed by bull volume. Volume holds the price up. Then, this stock needs to close above the 8 ema to indicate north movement. Let the candles, volume and Stochastic Indicator tell you what to do.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
