Video: Trade Analysis on $BLFS Stock

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Another really solid day in the Warrior Trading chat room.  We had $BLFS on watch from pre-market based on a weak pre-market flag.  What I really liked about the setup was the 6mil share float.  Right out of the gates the stock exploded.  It was really ridiculous.  We hit a great winner right out of the gates and locked it up!

Good job everyone!

 

$BLFS the 1min Opening Range Breakout long over 2.50

blfs-1min orb

 

From the Watch List

$BLFS – Watching possible long over 2.40 (6mil share float gapping up 15%) vol is very light, needs more buyers.

 

Pre-Market Gap Scan

gappers7

 

Pre-Market Flag wasn’t that great

blfs-pre-marketflag

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Ross is a US equities trader with a focus on short term momentum bursts. He obtained his Bachelors Degree in Architecture and began his career working in Manhattan at a design firm. During that time he invested part-time, actively followed the stock market, and focused on refining his trading skills. After 10 years of part-time trading Ross knew the key to success as a full-time trader would be Risk Management, Choosing the Right Stocks, and Trading the Right Chart Patterns. He focuses each day finding stocks trading on heavy volume due to a catalyst such as press releases or earnings. He trades these stocks using simple geometric patterns and strict risk management techniques. In 2012 Ross began teaching the fundamental elements of trading in his Live Day Chat Room He continues to trade live in his chat room and teach trading courses in the evenings. Ross is the chief editor at Warrior Trading News. You can contact Ross at ross@warriortradingnews.com Legal Disclaimer – This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.

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