094: Kenny Glick – Shady Tales From a Real-Life Boiler Room, and Things Profitable Traders Do
Chat With Traders
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The Exhaustion Situation Formation
Once these stocks break this, what I call the exhaustion situation formation, they're gone. And if it does break over these yearly VWAPs, you're getting another 10, 15, 20% on some of these stocks. This con stock, this is a electronics resale place that's, you know, I've only seen them in Vegas when I was out there. Stock was an $85 stock sitting at six bucks about three weeks ago. They had an earnings report. Stock was gapped down into the reversal, broke over the VWAP that day.
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