Down day in the Market as SPY finally closed below strong 20 MA support. Next support is on 50 MA 197 /197.50 area.
Even in broader market weakness, plenty of low float or IPO stocks stock in play , Speculative money still out there,iIf you see IPO name like RWLK, it went from $11.50 low to $30 in one trading day ! As always out trading still going be focusing on momentum stocks that are in play on the day. Another great week in Bulls chat room with real time alerts gaining $11,900 for the week!If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders.
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See below some of the entries and intraday pattern we played in the chat.
