IMMX Trade on Jan 3, 2022 08:01 from BanalityOfEvil: Tradervue User Stock Trades.

IMMX - Immix Biopharma shares are trading higher after the company announced the FDA granted Rare Pediatric Disease designation for IMX-110 for the treatment of a life-threatening form of pediatric cancer in children, rhabdomyosarcoma

Play: PREMARKET BREAKING NEWS SCALP WITH MOMO POTENTIAL
SCALP THE 1ST MOVE AND HOLD A RUNNER INTO THE OPEN ABOVE A KEY LEVEL
Breaking news trade. 1M share float, double top pattern at 6.50.

1st 1 min candle spiked from 3.50 to 5. Waited for pullback and volume confirmation to put on small size, added on the dip to 5 from 5.50, volume increasing and adding 400 more shares for break of 5.50, looking to try and hold half my position for a runner. Sold 2/3 of position at 6, not realizing I was running low on BP. This all in 4- 1min candles.
Looking for possible $8 target
Pulled back heavily after this 8 minute news breakout from 6.50 back down to 5, a lot people shorting this… yikes.
Sold ½ at 5.25 to be safe, it would be very silly to go red on this trade after being up almost $300
CURRENT PRICE AVG IS 5.57
(IF I HAD MORE BP I WOULD HAVE TAKEN FULL PROFIT AT 6.50 AND THEN LOOKED TO RE-ENTER WITH A NOTHER FEELER ON THE NEXT PULLBACK, ADDING HIGHER, AND TAKING PROFIT INTO STRENGTH)
Holding 100 shares into the open unless R2s. If price breaks hard under 5 will sell remaining shares.
30 minutes later @8:30 stock seems to be holding 5 dollar level
@8.40 testing and breaking vwap @ $5.45, volume starting to pour in again. Expecting 5.50 to break strong with volume.
@8:43 5.50 breaks with expanding volume, topping tail coming in on the 1 minute up to 5.75. Stock feels a little heavy
@8.50 SPY is holding 477 after selling off 478 level holding near ATH
@8.50 IMMX is testing 5.87 volume is holding up, but needs more to continue price expansion back to 6.50, shorts seem to be lightening up.
Current premarket volume is 13M, largest previous volume day was 8 million shares on 12/17/21 when stock originally gapped to 6.50. If we can get over 6.50 on the open, this could really open up. BLUE SKY.
@9AM VOLUME STARTING TO POUR IN. LOOKING FOR TEST AND BREAK OF 6.50 POSSIBLY BEFORE OPENING BELL. HOLDING 100 SHARES.
Seems to be respecting the 9ema in premarket
@9:05 small pullback fro 6.30, now look for a retest and break of 6.50. getting close to opening bell now. Target is 8 or higher within the 1st 30 minutes. If we make it to the open watch the tape for an indication to sell if we test 6.50 or 6.
9.07 we get the break of 6.50, tape moving quickly now, massive topping tail forming from 6.85, but expecting some selling here, look for momo traders to hold and buy the dip at 6.50
@ 9:12 Feeling tempted to take profit here, but resisting. Remembering that I am already up on the trade and can afford to hold for the real move. Shorts keep testing 6.50, but people are buying up the pullback. Looks like a nice lighter volume consolidation on the 1 minute.
@9:14 a little choppy down to 6.25 but volume is lighter. Look for 6.50 to reclaim. Continuing to hold. Shorts are HEAVY AT 6.50, but no massive red prints yet.
Seems like a lot of bulls are trading with each other at this level
@9.28 stock feels a little heavy under 7, big topping tails. No massive sellers printing yet
@OPEN stock opens limit up @ 9:30:24 to 7.70 holding 100 shares @ AVG 5.75… this could possibly hit $10 or higher today, matching the opening gap of 3
BE CAREFUL WHEN RE-OPENS… COULD ALWAYS OPEN LOWER, BUT YOU HAVE A $2 SAFETY WINDOW TO WORK WITH. HOLD UNTIL R2S. (PRICE ACTION IS TOPPING OUT, BIG TOPPING CANDLES, BIG SELLERS)
REOPENED LIMIT UP AT 8.75, ALMOST WENT LIMIT DOWN, DECIDED TO TAKE PROFIT. MAY GO HIGHER BUT WAS EXPECTING THIS TO CONTINUE TO EXPLODE A LITTLE QUICKER AFTER THE HALT RESUMPTION.
@ 9:44 immx GOES LIMIT DOWN TO 7.28
Max stop on the open is price average 5.57