I recently wrote up a detailed explanation of a the "fishhook" entry that I have been using for Big Gain Hunting. I hooked into a couple today.
First CSUN. CSUU pulled back hard to a low of 3.31 and then reversed, I caught it on the way up 3.44 and then a smaller order at 3.56 for an average of 3.49. CSUN pushed up all the way to 3.73 and looked to be a big winner before fading late. Given some of the Chinese stocks such as SCOK (up over 150%) today, I think this one still has potential.
OTIV was another fishhook entry. Great long tail of the big move that got very red it reversed.
I Entered at 3.14 and was nearly shaken out but I kept it on the line.
OTIV played out the other way catching a late day surge and closing near the HOD.
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