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Writer's pictureMomentum Stock Alerts
May 12, 20171 min read

Members Trade Alert: $LNTH Up Over +66% & Adding for 2nd Buy Alert


June 28 UPDATED


BotTrigger Trade Update: $LNTH congrats everyone as this trade is now up more than a net 72% from our 2 buy alerts on this breakout mover. Today LNTH is further breaking out into all time new highs. Notice that last week's volume surge (which was the highest ever in it's history) meant something. Also take notice of the analysis that we laid out earlier and what that "stochastics bullish crossover" on the weekly time frame did for us. It's still showing strong upside momentum from here.


LNTH is showing zero signs of slowing down right now. Our other pharma play $KITE is also breaking out to new all time highs. That's precisely why we only sold half @ the $100 level. We will not be trimming these 2 until we get a formal sell signal from here. They both are en route higher.

 


BotTrigger Trade Alert: $LNTH bought/added @ $16.65 a 3% allocation as this continues to confirm our thesis for higher prices coming. Our first buy alert on this name was back on Nov 14, 2016 @ $10.10 so we are now up over +66% gain. LNTH is closing out the week for the 4th consecutive week in this new, higher trading range. This is very bullish as we're equally showing this occur while there is a bullish crossover on the weekly stochastics indicator. The crossover is at the beginning curl... so although some retracement is normal from here...this suggest that the path of least resistance is to the upside. So we're increasing our allocation here for the next wave.


Some of the greatest pearls shared by Jesse Livermore:

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“Money is made by sitting, not trading.”

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“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were working for regular wages.”

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“Buy right, sit tight.”

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“Nobody can catch all the fluctuations.”

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“There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play.”

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“It takes time to make money.”

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“Don’t give me timing, give me time.”

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