Week in Review: May 3-7, 2021

by | May 7, 2021

I hope you guys are making the most out of these market conditions because they won't last forever. Strong ramps and then solid fades are giving traders chances to get sized in properly and ride the trade most of the day.

Blog sale this week is all 3 of the streaming courses plus an annual IU membership for $2197 and it comes with 2 bonus months. https://investorsunderground.com/s/7w2SV

 

OCGN News

One of the best things about the IU community is everyone is helping each other. A member posted the news and members were able to jump in long before the big run.

 

 

COCP Fade

Nate had his eye on this for most of the morning Tuesday. You can see where he started in and once it failed that $3.40 area for a second time it was a straight fade afterwards.

 

 

VERU Failed Follow Through

Our favorite setup!

 

 

NMRD Failed Follow Through

Same setup different day.

 

 

LEDS Double Top

You can see the double top right at $10.17 and that also was the red/green line. Once it failed the 2nd time Nate started in short.

Have a great weekend!

 

0 Comments

Submit a Comment

Your email address will not be published.

Related Content

24-Year Old Makes $10 Million Day Trading - Interview w/Jack Kellogg

24-Year Old Makes $10 Million Day Trading - Interview w/Jack Kellogg

https://www.youtube.com/watch?v=TFKFDRaR6NA Video Topics Jack's Trading History OTC Penny Stock Trading How to Research OTC Stocks Short Selling OTCs and Penny Stocks Jack's A+ Trade Setups How to Manage Your Positions Penny Stock Traps to Avoid Evolving from OTCs to...

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Video Interview With Cody (@OddStockTrader)

Video Interview With Cody (@OddStockTrader)

https://www.youtube.com/watch?v=qDEweD72zow Topics Discussed Cody's Trading History Transitioning from Online Poker to Online Trading OTC Stock Trading (The Appeal + How it Differs from Momentum Trading) Cryptocurrencies and NFTs Cryptos vs. Stocks How to Identify Hot...

How to Find Your Niche as a Trader

How to Find Your Niche as a Trader

https://www.youtube.com/watch?v=PdDdxeJlk7w Topics Discussed The Importance of Finding Your Niche The Components of a Trading Niche How New Traders Can Find Their Niche Nate's Niche How Other Traders Can Help You Shape Your Niche Analyzing Your Trades to Figure Out...