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You had no reason to miss this trade...

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stockstotrade.com

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tim@email1.stockstotrade.com

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Mon, Aug 29, 2022 12:05 PM

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Here’s the breakdown for next time… Good Morning! Friday’s squeeze action didn’t

Here’s the breakdown for next time… Good Morning! Friday’s squeeze action didn’t disappoint… While Fed Jerome Powell's remarks on rate increases and inflation tanked the market, you had the chance to capitalize on a 50%+ gainer! And you had no excuse to miss it… [I highlighted the stock and catalyst here the day before](. So it should’ve been on your radar. But just in case you missed it, I’m going to share why you need to keep day one runners on your watchlist. Plus, I’ll dissect this setup and explain why it’s such a powerful pattern to have in your trading toolbox… A Textbook Pattern and Squeeze This isn't some new exciting pattern or strategy... If you’re a regular Daily Accelerator reader, in [Pre-Market Prep]( or the [SteadyTrade Team]( — you know that a lot of these concepts and patterns repeat. That’s why we’re able to capitalize on the moves... But learning how to trade the patterns also requires repetition. I need to repeat the same lessons until I drill them into you, and your process becomes a habit. Understanding the mechanics of why patterns work can help you better plan your entries and stops the next time you see this setup. So today, I’m breaking down the [day-three surge pattern]( we saw in Minerva Neurosciences, Inc. (NASDAQ: [NERV]( on Friday. NERV first had a big [green day]( on Wednesday. And once a stock has a big run and closes near its highs, it should be on your watchlist the next day. You can see from the chart, NERV didn’t do much the next day. But it also didn’t die... Which is exactly what we like to see before a potential day-three surge. NERV chart: 2-day, 1-minute candle — courtesy of [StocksToTrade.com]( The stock went sideways and collected shorts. Then on Friday, it blew them up. Here’s the breakdown of why the pattern works… The Day-Three Surge When NERV opened on Friday and was basically green (above the previous day’s close). That’s what sparked the signal for shorts to start getting out. NERV chart: 3-day, 1-minute candle — courtesy of [StocksToTrade.com]( Then when NERV climbed above $7.20, anyone who shorted it the previous day and held their position was underwater. That means more [shorts are buying]( You can see the volume in the morning was higher than the previous day when it just went sideways. And when it was over $8.60 anyone who shorted it and held it over the last two days was in a losing position. And anyone who went long is green... That means there are no bag holders from the high volume day to sell and pressure the stock lower. It’s also a similar chart pattern to the [multi-day break out]( on the daily chart. Now, you have people who trade that pattern entering the stock… NERV chart: 3-month, daily candle — courtesy of [StocksToTrade.com]( And the more eyes, interest, and buyers you get in a stock, the bigger the potential moves. Unusual volume creates unusual price action. And price action is all that matters. So if you’re planning a trade and wondering if a stock can continue higher near a breakout level — [watch the volume](. [And watch this video to learn more about the day-three surge pattern](. Have a great Money Monday, everyone. See you back here tomorrow. Tim Bohen Lead Trainer, StocksToTrade sponsored   [Elon Calls It “A License To Print Money”...]( Elon now believes fortunes will be made from one specific sector of the EV market… And this brand new scanner…could be your ticket to unlocking this massive opportunity. [Click here to download it for free ]( sponsored   [Why Elon Musk is Probably Laughing Right Now]( These days it seems like everybody wants to take their shot at Elon Musk. And yet – Tim Bohen thinks he’s gotta be laughing his ass off right now. Why? [Because of what he’s predicting could happen on or around October 21st.]( You’ll see what he means when you watch this video. [Go here to watch this now before it’s too late.]( Recommended Membership Gifts   ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. [To The Moon Report Weekly Stock & Crypto Watchlist]( [Stock Market Safety Course By Millionaire Trader Tim Sykes](   [Facebook]( [Twitter]( [Instagram]( [YouTube]( [Spotify]( [Click Here to Unsubscribe]( (As an Amazon Associate, we earn from qualifying purchases.) 13809 Research Boulevard, Suite 500, Austin, TX 78750 *Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose. This is for informational purposes only as StocksToTrade is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. StocksToTrade cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. StocksToTrade in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, StocksToTrade accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns. Copyright © StocksToTrade.com

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