IPO base settling with volume increasing. Looking for a close above resistance, 0.305-0.31 area.
GDOT is a great example of how to play using BGUs. Notice a) the volume signature and b) how each BGU does not violate the low of the candle (stops can be placed 2-3% below the low of the BGU candle). A buyable gap-up (BGU) is a powerful buy signal that should meet the following criteria: 1. Buyable gap-ups should occur in fundamentally sound and leading stocks,...