To most traders, that was probably one of those moments where they think to themselves:“Well, there goes another big one one that I missed…” See, when big moves like that happen, it’s usually an overreaction.
And many times, we can expect a correction to hit that very same stock…
But not me. Not on this day.
Because a new dashboard I’ve been testing told me a different story…
It spotted a series of Wall Street “big money” orders piling into SMCI.
I know I don’t have to tell you the rest of the story.
Because over the past month SMCI has been on a run like we haven’t seen in a long time — if ever.
All told, the stock went on to gain more than 250% before it peaked this past Friday morning.
It’s since crashed hard — dropping over 20% in a single day.
But what I want you to focus on is the epic run it went on.
It all started with that series of Wall Street “big money” orders.
That was the signal that tipped me off to the fact that that 37% single day pop could be just the beginning.
So moving forward, when you see a big jump like that, you have to ask yourself…
Is big money moving that stock? Or is it just a small rally that will soon fizzle out?
The answer could revolutionize your trading.
Trade well, — Jack Carter | |
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