VYNE Opinion - As viewed on a range chart, this time dialed down to 10 versus 100; 4 hours of screen time searching for any swing trade entry and finally; a stock that fits my strategy. Entered after hours today but had to pay a premium because as soon as I bought in, it dropped 6% to the asking price. Why I try to avoid late after hours entries unless I forsee a recoupable upside move. MFI shows a possible break through the 40 level (set at 28 - Double the default setting so I get a swing trade sized indication). Williams % indicator has come off the -80 level and will have to visit 0.00. The mean reversion channel indicator had a bottom band first pivot which when it proceeds the upper band pivot implies an incoming upside move (inverse when there is an incoing downside move). And the LuxALgo Market Structure Oscillator (shown) shows positive signs for an upside move. Enough for me to enter. Now lets see what the market does with it. Today was not a gain day for me, save for one; I had the opportunity to sell it at 60%~ but held thinking is was a firststep in a 120%+ move. It ended up dropping off so I sold it today at 8% which is fine, I appreciate any gain big or small. - Opinion
