Wednesday, November 29, 2023

VVOS Vivos Thera Massive 833% Gain Overnight.

 

The RSI on VVOS stock never gave a SELL signal by trading below 50.

The question was when to get in. The open has high volume but more volatility, waiting for the stock to touch the EMA would have gotten you in at around $11.50.

The stock did trade below the EMA at $16.50 which would have been a premature sell, but at profit of $5.00 non the less. Waiting until the close, meant that you not only had nerves of steel but a crazy profit of $29.50,  or 156% for the day.

Unfortunately for the overnight holders VVOS ended at $29.50 down 28% in after market hours.

GME Gamestop closed up 20% overnight and a potential 10% intraday profit.

 

Daytrading GME would have given you a BUY after crossing above the EMA at $15.30 just before 11:00am, the SELL price was $16.80 when the RSI crossed below 50 and the stock crossed below the EMA. No other trades as it was late in the day.

Only $1.50 using just 2 indicators, but a decent % return for a day trade.