VELT is a name I love to trade. For those who knows me in the chat should recall ,we have traded VELT in 8’s and 10’s in the past with decent profit. So I had an old random alert setup for VELT over 200 SMA 10.44. Alert triggered this morning as VELT had earning and …
evening folks. Overall flat day in the markets as we had a bit of digestion. Wasnt much conviction in the morning from bulls or bears and volume was lacking everywhere except for some china stocks that were running on the YOKU deal. Overall sick day though in chatroom the breakouts were clean today and we …
Hello everyone. @szaman here. We had a nice trade on YELP in the chat room today. Here’s the setup explained. In his book “Hit and Run Trading 2”, Jeff Cooper talks about a trading technique called , “Hot IPO Pullback” setup”. The rule basically is , Hot IPO debuted and traded at least 15% higher …