What Does Patience in the Stock Market Mean

What Does Patience in the Stock Market Mean

What Does Patience in the Stock Market Mean 1024 546 Steven Dux

Welcome back to today's lesson on the thought process of both $SSC and $CVSI as I came out of this week with significant profits.

$SSC spiked about 120%

…in the pre-market and is showing us a classic bounce short. When we look at the long-term chart, there’s a decent amount of resistance; however, every push I made resulted in nothing. I was trying to follow a plan because of its large float and hoping to bounce short, but the stock had other ideas.

$CVSI though, had massive hype when dropping 60% of its high in one day. Some people would say that a real stock wouldn’t do that, so it has to be dip-buyers. My main focus was finding the crack around $5, which held well. Noticing this crack is why I made a move to short, so keep that in mind as we move forward.

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