- Jason Bond Picks (Member)
- Posts
- CRGE rest and retest notes
Good morning,
Earlier this morning I pre-alerted CRGE on the RagingBull APP. Make sure you turn those alerts on, they show up on your smartphone like a text message.
I started with ½ position size or 10,000 shares at $.205. I will add 10,000 around $.17 if it dips. Then my stop is a little below that level. The goal if this works is a move to the upper $.20’s. This 1-minute chart from Blackbox Stocks shows the intraday trend.
But it’s this daily chart that shows the bigger picture. The stock was super hot earlier in the week and if it can test $.30 a breakout above that level would fulfill the rest and retest pattern. I’d be out by upper $.20’s if it works, but that’s the concept.
Join me in chat or watch your email. I’ll be using email a lot to teach small-cap trading.
Trade alerts (like text messages) to your smartphone BEFORE I buy or sell these stocks. Follow up or more detailed thoughts by email.
I think you’re going to love it.
Jason Bond
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