ilmscore | +$56,789.66 Day Trading the MACD Crossover Setup

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
A stock with 20 million shares of volume and a 5 million share float (10x higher than 500k) would only be up about 20%.
"if we had had the same 20 million shares of volume but the float was 5 million shares instead of 500,000 shares it was 10 times higher it was 5 million shares I would predict that probably the stock would only be up like 20%."
Stock market mechanics / Float vs. Volume
Pending
A stock with 50 million shares float and 20 million shares of volume would not be up very much at all.
"What if the stock had 50 million share float and 20 million shares of volume? Well the problem here is it might not be up very much at all."
Stock market mechanics / Float vs. Volume
Pending
If a large seller (e.g., 1 million shares) is present on Level 2 at a resistance level, the stock is unlikely to break out past that level.
"if there are large sell orders on the level two right then those large orders on the level two are telling us the stock is not going to go up to this level that chart is never going to form because there's a big seller blocking the way right... it's now completely unrealistic to expect that this level's going to break right it's just too big of a seller so it's not going to happen"
Technical Analysis / False Breakouts
Pending
If a large seller blocks a breakout, the stock will likely experience a rejection and move back down as other traders exit their positions.
"what you probably are going to get is a rejection back down as people who see that seller realize I got a bail on this thing it's not going to give me that big move that I wanted it's just not going to happen"
Technical Analysis / False Breakouts
Pending