NCTY - from earlier watchlists. Breaking out of nice long
basing pattern. 25% move today so wouldn't chase it, but
looks good long-term and maybe some options near-term could be a
good way to play it.
My best trades over the past few months have been looking for
good swing setups where the 9 is about to cross up over the 20 or
50, or both. The more they're bunched, the larger the initial
move generally. They've been providing a higher probability
opportunity to get a sizable pop and then trim for a swing run.
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NCTY - from earlier watchlists.
Posted by rjdst on 9th of Aug 2021 at 12:06 pm
NCTY - from earlier watchlists. Breaking out of nice long basing pattern. 25% move today so wouldn't chase it, but looks good long-term and maybe some options near-term could be a good way to play it.
My best trades over the past few months have been looking for good swing setups where the 9 is about to cross up over the 20 or 50, or both. The more they're bunched, the larger the initial move generally. They've been providing a higher probability opportunity to get a sizable pop and then trim for a swing run.