Lucky Charms
Contrary to some of the joking that is done on the site, following the trend
does not make you a moron. In fact, it will often put you out in front in the
quest for finding successful trades. Take a look at the earlier profile this
morning of Optimal Robotics
(
OPMR |
Quote |
Chart |
News |
PowerRating).
10:32:03
Intraday Setup Alert
Optimal Robotics (OPMR)
is falling out of a false rally off the low. OPMR is now down 1.84 to 21.34.
The stock took out the prior low on Wednesday
(see above chart) so
it is on the watch list for a continuation move. We get another move below
yesterday’s low and the pullback intraday.
The stock dropped like a stone over the next few minutes,
allowing traders to profit from the move of almost 4 points. Do they all play
out like this? Of course not, but when you are ready and prepared, it’s funny how
often you get lucky.
Have a great weekend,