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Strategies & Market Trends : Ted Warren's Investolator -- Ignore unavailable to you. Want to Upgrade?


To: Balti who wrote (1304)5/17/2023 5:42:03 PM
From: WEagle  Read Replies (1) | Respond to of 1795
 
Balti,

I'm not talking about 2018. Look at 2020 and 2021. I'm saying that, and I correct myself here (I missed the right month), a buy signal in June of 2020, a thrust to almost 2.5 in July of 2020 where JOB should have been sold, a decline and then another push above 2.00, probably about 2.15 in March of 2021 which would have been a second chance to sell if one failed to sell back in July of 2020. After that, it declines and settles into what becomes a flat formation near the price of 0.50. The false start that I think was a shake-out move occurred on the slow run-up to about 0.8 in November 2022 was followed by another quick decline back to the 0.50 area.

The July 2020 thrust when up from near 0.50 to just short of 2.50 and then back down to finish the month around 0.75. Check out what Ted said about this kind of move. When you get a quick move like that, sell. Not only does he say that on the quick thrust moves, that might be as good as it gets for a long time, but in this case, it would have been a quick 200% profit. Nothing to complain about. I've had several thrust moves that happened in one day and I missed it. I never saw new highs in most of those stocks. Don't make my mistake.

WEagle