To The Moon

Please find my YT channel for Daily Watchlist Signal - nerdbull1669.

Model predicted STRONG BUY signal for $ThermoGenesis Holdings, Inc.(THMO)$ on 16 Mar 23.

I decided to monitor the price after 9.45am, considering that we have the initial jobless claims (which came out positive, and Credit Suisse crisis has faded with Swiss National Bank intervention).

Use MAVOL5, MAVOL10 from Tiger Broker App

I was monitoring the price of ThermoGenesis Holdings, Inc. (THMO) which is still close to VWAP, but MAVOL5 is not clear enough to be above MAVOL10.

How I trade with Model Resistance and MAVOL5, MAVOL10

So I decided to enter when MAVOL5 is comfortably above MAVOL10, my entry price is very close to the model predicted resistance ($4.989) - Entry @ $4.99 (Around 10.04am).

I decided to monitor the MAVOL and MAVOL10 closely, there is a small dip at around 10.15am. Then I decided to place an exit price of $5.63. Manage to sell at around 10.17am

A Good 12.8% Gain from using model guidance and MAVOL

This is another trade where I have used the guidance from my model prediction, together with my trading plan (e.g. price movement, MAVOL, news).

Summary

This has given me much confidence of using my model as guidance and the different trading plan and strategies for different types of stocks. (which I will share as I go along).

Not bad for a scalp trade which give more than 10% gain.

Do like, comment and share this article if you find it useful. This is one of the way we can monitor the price action using Tiger Brokers App (e.g. Desktop version).

@TigerStars appreciate if you could feature this article so that fellow tiger would benefit from my trading thoughts.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Technical Analysis, and there are many other indicators that need to be look at together. (e.g., Price Action, Volume, etc.).