The Most Dangerous Squeeze Signal in Penny Stocks (RKDA Analysis)

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[xleverage]

Bro just realized your English has really improved, great work your trading is goals

[aankorai]

6:47 First, there is multi-layer support.
6:50 Second, the stock is trading huge volumes.
6:53 Third, when the stock tends to crack basically in the morning if you wanna short if the stocks go red, you are basically shorting into a double layer of support.

Thanks, Steven! This will definitely rewatch for me.

[smoketheartist]

Hey i know this is old, but I would recommend acoustic foam at least 3 inches my friend! It would make your vocals a lot more easy to hear and maybe talk to your editor about audio compression! I am telling you it would make a great deference!

[dataanalystbynight]

I will say you have a market understanding that other teachers don't have. I love your detailed explanations and in depth knowledge. See you at the conference.

[chriswoodsviolin]

Great video! Really helps me understand what’s happening and why. Think I’ll go through it again and take notes!

[spaincarlos]

Steve I just discovered your channel and I love it, I love the way you explain things and I admire you so much, you are the only trader that I like to watch and learn. Im hotel receptionist and I work 6 days per week and I dont have girlfriend since 2 years, I feel really tired, sad and alone all the time but your success give me hope to try to get better life. Xie Xie you are the best 😁 greetings from Spain

[acehexed]

What platform/broker does Steven use? I use CMEG and it doesn’t allow shorting stocks under $5 or some stocks are very hard to borrow.

[liztrader]

I was in RKDA on Friday at 2.85, avg of 3.10, out at an avg of 3.77, made 500.

I got in RKDA on Monday, too, in at an avg of 6.65, out at an avg of 6.81. Very choppy, especially with DIA, SPY, RUT, and QQQ all down on-the-day. I realized afterward I was a little too aggressive with 1k shares, and sold too early, missing the full, meat of the move. Made $160.


I played RKDA again, yesterday, got in at 6.23, BTC at 5.52, made 284. Wished I was a little more aggressive, though, the overall market was clicking on all cylinders, and I didn't want to have to cover with a huge loss. Good thing I BTC.


What do you think of AKTX?

[Avishek]

I guess $RKDA is just the precursor to a very hot Fall season imho 😎

[mclovin]

I shorted RKDA yesterday using one of your techniques from the DVD double intraday top, worked perfectly, and I honesty thought you made another 100K on this ticker, it was picture perfect in my eyes. Thank you

[jcd]

You are the MVP my man. Appreciate all the shared knowledge.

[quentdcr]

Thank you for this video Steven, very informative. For the next video, could you please speak about forms of market manipulation (market makers, hedge funds...) how to understand, how to spot and how to react, using an exemple of a recent ticker. Would be great thank you !

[Zionim]

How do you know if a stock had warrants ? Where do I find this information.

[jonwestbay]

WOW just learned a ton there Dux thank you

[joebaby]

Thank you, can you talk about locating the shares to short, how much they cost you and do you reserve them in advance . Look forward to seeing your informative explanation.🙏

[eliasweber]

i guess the key lesson is that a slower but sustained form of buying pressure gives a stock more longevity as the layers of support build up.

[yonatanyohannes]

can you do a video setting up computer for day trading?

[paulkennedy]

Great Insights on shorting and longing based on developing pattern. Thank you Steven. Paul Kennedy

[hassanaahmat]

Hi.. May i know which broker are u using?

[zoodidwa]

I haven't come across the thesis of multi layer support that is close together plus high volume being an indicator of less likely to crack for a solid short. The chart would be...as you say...if entry is good...more long biased. Carefully..maybe using a T+1 or 2 or even 3 strategy...depending.
Cool analysis man. I learned something...thank you.