Look for either a very fast dump or an insane pump. Big volatility is going to hit this one and using the OBV as an indicator shows massive buys with substantial upside potential.
Trade closed manually
It was a long slow burn for this stock but it pumped eventually. Taking 300%+ profit here at 10-12$ region.Note
The key to this trade was the OBV. Notice how the stock was trading flat but buying volume was quietly increasing over time.Note
It's important to note that while partial profits could have been taken on the march 2nd-5th shakedown, the duration of this trade was almost 5 months in the making and could probably be extended for more profits. There is a serious amount of volume going in right now, but with the recession looming this looks more likely to be nothing but another pump and dump juiced up by the increasing number of day-traders encouraged by no-fee policies.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.