PRE MARKET 9/27/2019 NCTY

NCTY Pre Market 5min Chart

Good morning traders, NCTY has some pretty heavy volume on it this morning. This is a stock that I have traded in the past and has had some really strong runs. So far this morning the volume and price action has pushed this stock from the $1.00 dollar area all the way up to a Pre market high of $1.64 cents. Looking at the day chart below we can see previous trading days that were huge opportunities.

Lets look at some fundamental data on this stock:

FLOAT : 31 million shares

PRE MARKET VOLUME : 700k

NEWS : Well, so far I don’t see anything that would warrant this activity, but, I have seen stocks have crazy massive moves without any news.

Overall this will be the main focus for this morning until the scanners start picking up any other activity!

Published by Eric Jobb

Hello everyone, my name is Eric and I am the founder of TheFreedomGrind. I love to trade stocks and futures, It's my passion, and I will never go back. I have taken time, money, and energy learning the market. There is no secret trick, no gimmick that will get you closer to being profitable. It will take time, money, and energy to make gains as a day trader. I created the blog and the YouTube channel to provide as much useful information about trading to anyone who has the desire to become a trader.

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