Constructive volume dry-up patterns within the context of a stock's chart often leads to big gains over a period of a few days or less. A number of stocks from our
Focus Lists and
VooDoo Reports continue to provide profitable opportunities since stocks with the right set-ups often march to the beat of their own drum.
For example, in our VoSI Voodoo Report published on May 15, 2017, Impinj (PI) was discussed as a good set up based on its volume dry-up action in the prior days. PI finished the day higher by 7.25%. We then sent out a report on May 22, 2017 just after midnight ET. PI rocketed 8.35% the next day. In the same report, MULE was mentioned as actionable on the basis of its volume dry-up over a number of days. Such price/volume action often leads to a sizable jump in price shortly thereafter. MULE rocketed just over +20% in two days after the report was published on the date shown by the BUY signal in the chart below.
These set-ups occur over and over again. So even though QE continues to manipulate and distort markets, profitable opportunities abound in the right stocks. Our job is to rigorously comb through our screens each day to find the right set-ups so our members can profit. We write our reports as lucidly as possible so each member can understand our thought process. Our reports therefore take on an instructional tone so each member can optimize their trading.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
