$PRFX: Tips to Spot Entries and Exits

See if this is what your trading is missing…

‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  Good Morning! We had a 192% gainer on Friday which was an epic squeeze…    The stock gapped up from $5.75 and squeezed all morning making a high of $16.81!    While it's an incredible move — it's unrealistic to think you can ride out the entire move.    But there are certain tips, tricks, and rules you can use to help you catch a piece of it.  And that's all we're trying to do as traders — catch a predictable piece of the move and move on to the next trade.    We're not swinging for home runs or sticking around too long...    I'll show you why that can be dangerous.   Plus, I'll show you a little trick I used to pick an entry in PainReform Ltd. (NASDAQ: PRFX) and I'll remind you of the rule that can help you recognize when to get out. Tips to Spot Entries and Exits I was eyeing PainReform Ltd. (NASDAQ: PRFX) on Friday morning as my potential number one watch.    Normally I'd use the premarket high as my entry for a potential dip and rip. But on Friday I adapted my plan.    Here's why…    You can see on the chart below that the first spike topped out at around $11.30. But look at the volume that traded around that time.    Now look at the second spike…  It topped out around $9.50. But it traded a lot more volume at that level — almost double the amount of volume than the premarket high. PRFX chart: 1-day, 5-minute candle — courtesy of StocksToTrade.com So that shows me there is more resistance at that level.    And since I like to use candlestick bodies rather than wicks as my key levels, I wrote down $9.15 as a potential entry...    8:34 AM $PRFX $9.15 key that's where all the volume was, risk VWAP.   You can see that that plan played out nicely as the stock spiked to over $16… PRFX chart: 1-day, 5-minute candle — courtesy of StocksToTrade.com But how do you know when to get out?    Well, you can use Oracle's support and resistance levels to guide your trades (the indicator comes standard on StocksToTrade).    Or you can use one of my key trading rules…    You get the halt, you sell out of the halt.    That means if you're in a position when a stock halts — you get out as soon as you can when it opens again.    In the case of PRFX, if you took the entry above $9.15 and held into the halt at $10.24 you would've been selling as soon as it opened again around $10.55.    And even though the stock went higher after that, here's why we have rules like that to keep us safe…    After PRFX halted again at $12.17, it opened down at $10.40.  PRFX chart: 1-day, 5-minute candle — courtesy of StocksToTrade.com That's why once a stock starts halting, you get out as soon as you can and you wait for the stock to calm down.    If you caught part of the move and walked away with a profitable trade — that's a win.    There's no reason to get back into a halting stock and take more risks.    Manage your expectations on this Money Monday. Use what the chart is showing you to plan your entries and follow your trading rules to stay safe out there.    Let me help you throughout the week…    Join StocksToTrade Advisory to get my Market Update videos three times per week.    When you join, you'll also get my next big Tesla, Inc. (NASDAQ: TSLA) call…    Watch my full video report here and see why July 19 could be an important date for the stock.   Have a great day everyone. See you back here tomorrow.    Tim Bohen Lead Trainer, StocksToTrade   sponsored Important Message from Customer Service Hey, Tim Sykes here…   My publisher Zak normally operates in the background.   But there's something urgent happening on Friday…   So urgent that he had to record a short video to explain this critical situation. Go here to see his message.   sponsored The Keystone Trading Strategy Behind Sykes'  $7.4 Million fortune Back in high school, Tim Sykes stumbled upon one simple strategy that helped him make $100,000 in the stock market before leaving for college…   Then, he used the same strategy to make $700,000 as a freshman in college…   And before graduating college, he had made over $1,600,000.   (Yes, while trading the same pattern)   If he could find and trade this predictable pattern over and over again, with ZERO financial experience…   So can you. >>Click here to discover the keystone strategy behind his penny stock fortune<<   Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. To The Moon Report Weekly Stock & Crypto Watchlist Mark Croock Evolved Trader Daily Click Here to Unsubscribe   (As an Amazon Associate, we earn from qualifying purchases.)   13809 Research Boulevard, Suite 500, Austin, TX 78750   **Tim Bohen teaches skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our Earning Claims Disclosure   About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money.   We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. 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