Another day where I conducted a super private event for all my US traders to come trade with me. Before the market started, I did a quick briefing to everyone on the stock I am trading and what to look out for on those signals to enter. It took me some time to be patient and wait for the right timing to enter the stock. For the past 3-4 times where I traded the stock, the stock flew immediately without much down time where I was very happy to read the decipher the charts before it moved. Last night was also another night where many of them made $$ and I was pleased to see profits escalated. Of course, others were still holding on to this stock since some preferred swing trading.
Nio had some beautiful squeezing in the 5 minute chart. Squeezing is a technical from the big boys where they forced the stock to go weak and weaker so that retailers throw and they buy up secretly. Before any major news released they would love to stall the price and absorb as much as possible and then finally conduct the breakout. I love studying those fine details before a stock takes off. Volume will come after that and by then, they could be some unloading inside the high volume while the big boys looked to buy at lower price again before moving it higher again. Looking forward to find more of such counters where $$ can be made fast and easy.
Ronald K - A Game Changer
