KiliamL

Spot Big Movers Before They Happen This Is How, JRJC AMRN

NASDAQ:JRJC   None
1
Recently I gave out two long ideas on our members only discussion forum. They were, Amarin Corporation plc (ADR) (NASDAQ:AMRN) and China Finance Online Co. (ADR) (NASDAQ:JRJC). Both of those stocks had explosive moves to the upside as expected, which quickly rewarded handsomely those traders which bought these two equities.

So how can you find the big movers ahead of everyone else like we do on a consistent basis?

Lets start by looking at the chart of Amarin Corporation plc (ADR) (NASDAQ:AMRN) and why I alerted members to buy it. This equity put in a low of $1.28 on the charts in late May. After that, it proceeded to move higher, making a higher low in late July. Please note how in the chart below,Amarin Corporation plc (ADR) (NASDAQ:AMRN) gapped up right into the 200 day moving average, represented by the grey line. Many inexperienced traders, and we see it all the time, would have chased this equity by purchasing shares only to see it slowly fade lower. As technical traders, we would never chase an equity, you only enter a trade when probability is highly on your side. With AMRN, I knew this equity had potential for a quick profit after observing it go sideways to lower for a few days and spotting a time count (which is a proprietary tool of the www.inthemoneystocks.com methodology). At that point, with multiple supporting factors for entering the trade, I alerted our subscribers on August 13th of the potential for a move up in Amarin Corporation plc (ADR) (NASDAQ:AMRN). The price we entered was right around $1.65, the next day it closed at $1.84 a quick and easy one day gain of over 11%.

Another equity I mentioned to our members was China Finance Online Co. (ADR) (NASDAQ:JRJC) at $4.25, on July 24th. Yet again, on July 25th, China Finance Online Co. (ADR) (NASDAQ:JRJC) reached a high of $11.88. Traders who bought this equity more than doubled their investment in a very short period of time. As seen in the chart below China Finance Online Co. (ADR) (NASDAQ:JRJC) made a low and a quick move up, followed by a long consolidation period around three moving averages. Please note how Amarin Corporation plc (ADR) (NASDAQ:AMRN) consolidation period was short, resulting in a quick and easy 11% pop. Unlike Amarin Corporation plc (ADR) (NASDAQ:AMRN), China Finance Online Co. (ADR) (NASDAQ:JRJC) had a much longer consolidation period resulting in an even bigger pop of over 179% from the $4.25 level to the high made today of $11.88. Yes you heard me correctly, 179%.

The bottom line is, these stocks were entered by us and earned huge profits based on our ability to read the charts properly. This ability to read the charts has taken us and the creators of InTheMoneyStocks over 2 decades to perfect, now you have the ability to step into the minds of pro traders without subjecting yourself to the naturally incredibly difficult learning curve of the markets. All you need to do is follow along as we trade, learn and earn for the rest of your life. If our thousands of members from around the world can do it, so can you.

For live alerts as well as precise entry and exit levels, come and join us at the Elite Round Table as we get in and out of the markets before everyone else. For market moving news and alerts join our mailing list here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.