Gap and Panic

You can find gap and panic setups by looking for the big red candle on day 1. These earnings winners gap up and sell off before forming the base in which to swell into a multi day retrace. These plays tend to reward the patient by offering a low risk breakout opportunity above the day 1 high. Here are a few gap and panic plays from this quarter:

RUBI intraday.png

AMPH daily continuation.png

GERN 100 DAY.png

PSUN daily.png
PSUN daily continuation.png

TUBE daily continuation(1).png

MAGS 3mo daily.png


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Price Action Basics

Price action is a general term that refers to the fluctuation in stock price.. Once you identify chart patterns that consistently repeat, you can combine observations of lvl2, time/sales, and the live chart to recognize the buying and... Continue →