FOUS4 patterns are my favorite patterns to play… obviously.. Im basically a 4 trick pony… But my 4 tricks are pretty FU*KIN SICK! And they continue to impress me year after year. Recently i called out LIVE @ $7 on this FOUS4 pattern on june 20th.. The pattern was there.. but liquidity on this stock is crazy low.. and sometimes the spread is as big as 50 cents.. Making it a very difficult and risky stock to trade. Goin from 9 to 10.. back to 8.. up to 11/share in the same day. on very low volume.. Its a stock that you can get man handled on very easily, as well as not even get filled on your trade with as little as just 1000 shares. But… The chart was there.. but volume and liquidity is a huge part of my decision making process. LIVE didnt have that aspect of the trade in check for me.
This is the chart that I accompanied with that Tweet. Prior to this ramping up over 100% . Perfect FOUS4 pattern.
So def missed out on this huge run for LIVE. But we have the same exact pattern forming up here on $EMMS. A stock that i have been watching for several months as it has been forming up this perfect looking chart pattern and finally got some legs today closing @ its highest close of this pattern thus breaking ground on the resistance front.
I alerted in real time in chat and live on FOUStv today going long 10k shares @ 1.65
FousAlerts Bought 10k EMMS $1.65
http://profit.ly/1MmyG1
potential force pattern here same chart as LIVE pre-breakout.. This is HIGH RISK.. Be prepared to lose. But upside this could rip BIG. Sometimes you gotta take the risk
This is just day 1 of the breakout.. So we may just have a HUGE run right around the corner. Im willing to bet my 10k shares on it. The Force patterns is likely the most consistent of the fous4 patterns.
