How to trade stocks from watch list.Trade review: VGGL | Bulls on Wall Street

How to trade stocks from watch list.Trade review: VGGL

VGGL was on watch list on 11/16 for a continuation trade over 3.13. I often received twit and email about how to trade stocks  from watch list. Stock had a great day as it ran from our 3.13 alert to a high of 4.54. Over 45% intraday!

VGGL 50 MA bounce after a strong run. Continuation watch over 3.13.
VGGL 50 MA bounce after a strong run. Continuation watch over 3.13.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Let us look at a intraday 5 minute chart to explain various ways you could have traded this stock. We made almost $2,000 on our chat room with this stock today with our real time trade alerts.

vggl1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1. Stock moved fast at open, often time it is hard for traders to catch the open run. Even if you miss the run at open, often times stock provides entry later.

2.Most of the time if stock runs fast at open and will hit the alert number. Alert number will become the resistance. You wait for some basing action and a setup to enter.

3. Basing action as moving averages holds up and previous resistance now becomes support.

4.If you are an aggressive trader , you can buy once the stock bounce off that resistance , around 3.10 with stop below 3.

5.If you want to wait for confirmation, you can buy once stocks break the day high around 3.24 .

6.If joined trading late, the stock gave another opportunity via intraday flag break, around 3.90 for a another run to 4.54.

If want to learn more about this or many other trading techniques on how to trade momentum stocks for fast gains with low risk , please join our trading bootcamp.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.
Also if you are interested in our trade alert services and chat room , take a free trial! check them out here.
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