Rockaphobic commented on a stock · Mar 29 08:38

🤖 Mr. Robotnic 🤖

$Richtech Robotics (RR.US)$ is currently at a great price to buy in.

This isn't a bad weekly swing trade, but ultimately, it's about the long gains and the payoff that will produce. I've been in and out of RR numerous times, and I've got massive gains to show for it. I'll give you a look at my method, and you take it from there.

I set alarms like this:

I adjust my alarms daily, sometimes several times a day. The first alarm I always set is the 52-week low. I may just catch wind of a ticker that has a good outlook and set a 52-week low alarm on it. Should that alarm go off, I'll watch for a possible low entry.

The next alarm I set is my desired entry point. I may even set alarms incrementally leading up to it so as not to miss my entry.

Then, I will set alarms on all potential large sales or entry orders in the orderbook. As the algorithms change, these will need to be adjusted often.

Lastly, I will set my desired exit points. Unless I'm walking away, I won't sell all my shares. I try to exit on the way up or as the stock price rises. When I am inclined to hang onto shares, I will buy on the dips and lower my Dollar Cost Average or DCA if necessary.

Please note: Never jump head first into ANY stock without doing your own due diligence! Some of us have great calls, but we also know what to look for in those movements. Remember, you could be reading an old post, or you might learn something we haven't. It's your money. Know where you're putting it.

This always happens with dilution:

Company insiders own the vast majority of shares, and there hasn't been much institutional interest.

There's no doubt that Richtech Robotics has a future. They already have things in the pipeline for the near future. So, it's only a matter of time before they're in the headlines.

Here's a dose of the most recent news:

And:

Keep this one on your radar, or hop on board now. Either way, good luck!

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Pinkiii : Thank you sooo much for explaining in details about how to decide for possible entry n exit points

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Pinkiii : I had a question on this: Why you are not entering at 52 week low. Is it because you want to see that it’s not dropping below that, hence desired entry at $1.40 instead of 1.26……. Thank you in advance

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Rockaphobic OP Pinkiii : If you sit on this, you'll notice that it generally hovers in the 1.40-1.50 range. I always have a limit order set for the 52wk low, but it rarely hits it. That said, for long holds, I use a different broker entirely. That makes it easier to catch lows, always shooting for the bottom by flip flopping back and forth.

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Pinkiii Rockaphobic OP : Thank you soo much for the detailed answer

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Rockaphobic OP Pinkiii : I hope you were able to get in low when we last spoke!

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Pinkiii : Now I am not buying any new stock (except few blue chip ones when during the dips). I am trying to close my positions now as soon as it will turn green (>30 stocks there). But now after ur advice, I have started looking at days/weeks/months — highs n lows n 52 weeks lowest. Now I know where I went wrong. I am making my sells also based on previous weeks highs. That’s how I was able to make few sells (before my ask was too high). Thank you sooo much for it

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Rockaphobic

Operations Specialist, Shellback Sailor, Human Calculator, Long-time Investor, Stock Market Secrets, Technical Analyst.

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