Long
VINC a speculative biotech penny stock LONG
VINC went from 1.5 to 3.0 in less than three hours with 12X relative volume in the afternoon
after a month of a slow climb from a news release that really did not amount to much. Insiders
are 25% of the shareholders and that may be the story here. This could be manipulation at its
finest. I have to wonder how many insiders bought how many shares and when the rug pull.
This is a high tight bull flag pattern which typically results in another leg higher of the same
magnitude. I suppose that is in clean trading without any manipulation.
If this takes off again it might be worth trying with a small position so long as the trader
can hit a button to close the full position when the sudden reversal occurs. I will trade
this long with a group of moving averages to make alerts for crossing lines and slopes
levelling out and see if it can go anywhere.
after a month of a slow climb from a news release that really did not amount to much. Insiders
are 25% of the shareholders and that may be the story here. This could be manipulation at its
finest. I have to wonder how many insiders bought how many shares and when the rug pull.
This is a high tight bull flag pattern which typically results in another leg higher of the same
magnitude. I suppose that is in clean trading without any manipulation.
If this takes off again it might be worth trying with a small position so long as the trader
can hit a button to close the full position when the sudden reversal occurs. I will trade
this long with a group of moving averages to make alerts for crossing lines and slopes
levelling out and see if it can go anywhere.
Note
Price added 9% today. Holding a full position.Trade active
Price is Predicted to gradually ascend moving forward at least for today. Full positionbut may take a partial late Friday morning.
Trade closed: target reached
Trade active
Swing Trades in Followup 
Note
Update of partial swing trade closure: Note
Another zig and zig awaiting a break of the flat top. Highly successful swing trade stil open. Trade closed: target reached
Fanastic trade to close in the premarket seeking shares to short. Note
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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.