7 steps Pennystocking Framework
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Pennystocking Framework - 7 to 4
Tim's 7-step Pennystocking framework shows 7 places that are opportunities in the overall pattern where odds potentially go up when basing trades. After watching numerous daily videos and reviewing alerts it seems that a few of them drop out from real usage (Pre-ramp, top of the supernova and long kiss goodnight) and that only 4 target areas are commonly traded.
There are 2 trading points where you go with the trend (T1/T2) and 2 trading points where you go for the reversal (R1/R2). This ignores Grittani's short into the parabolic and Dux' intraday perk - but those could be seen as different instances of reversal and trend trades.
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7 steps Pennystocking Framework
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