When I say not a chart thing I mean not like GW explains in 1-5. Stocks almost always go down after a split. I intended to be in this until Wednesday but decided I would pull out this morning. I explain why at the end of this message. I watched the 8 chart. Look at 8 chart starting on 5/25/22 and you'll see the 200 moving average going below the 50, and my bid ask watch was showing me there was strength coming into buying. I waited until the 200 moving average went above the 50 (this happened June 7 on the 8 chart) and bought the next day. I usually sell (not always) when I am happy with my profit but I knew given the news, that the market has a way to go (down) and that splits usually do cause stocks to retreat, that there was an increase in buying and they would sell after the split. Puts were demanding to be bought. I used my bid ask watch to enter the trade. I sold because the width between the 50 and 200 on my 8 chart said "go on take your money and run". Keep an eye on this. There has been 2 gaps (8 chart) and sometimes a stock changes direction after 2 to 3 gaps.
Edited 1 time(s). Last edit at 06/13/2022 01:26PM by Darcy3.
